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India eyes further oil exploration after Iran war shortages

South China Morning Post 05 July 2026 12h ago
India eyes further oil exploration after Iran war shortages
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Hit by the biggest energy supply shock in decades during the Middle East war, import-dependent India is expanding domestic crude exploration, its oil minister says. India, the world’s third-largest importer of oil and the second-largest buyer of liquefied petroleum gas, faced major disruptions due to restrictions on the Strait of Hormuz during the conflict between the United States and Iran. With
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