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                    "TNN\n                                                                                            \n                                                                                \n                                                                                            Published On Feb 24, 2026 at 02:35 PM IST\n                                                                                                                                \n                                    \n                                \n\n                    \n                    \n                    \n                                        Amidst rising US-Iran tensions and fears of war, India is exploring ways to secure its energy supplies. With tensions rising between Iran and the US and fears of war looming, India has started exploring ways to secure its energy supplies.Iran has signalled the temporary closure of sections of the Strait of Hormuz, the narrow gateway linking the Gulf to the open seas, which witnesses nearly 20 per cent of global crude movement. Any restriction on cargo movement through the Strait of Hormuz may impact India\u2019s supplies of crude oil and liquefied natural gas (LNG) from the West Asian countries of Saudi Arabia, Iraq, the UAE, Kuwait, Qatar and Oman. India imports 90 per cent of its crude requirement -- nearly 5.5 million barrels per day (mbpd) -- and more than 40 per cent comes from West Asia through this narrow passage.If the Strait of Hormuz is closed, officials said, India may try to partially secure supplies through the 360-km Habshan-Fujairah strategic oil pipeline and the 1,200-km East-West crude oil pipeline that provides access to the Red Sea. While the former is operated by Adnoc and has the capacity to carry 1.5 mbpd, the latter is controlled by Aramco and has a capacity of 5 mbpd. Though India purchased nearly one-third of its crude requirement from Russia over the last three years, recent trends show the share of oil from Moscow has started dipping. India\u2019s crude purchases from Saudi Arabia have witnessed a six-year high this month. Officials said New Delhi has already diversified crude imports in the last few years -- from 27 countries five years ago to 41 -- to ensure adequate supplies to meet growing demand. Its strategic oil reserves may last up to 74 days.Energy expert Narendra Taneja, however, said any restriction on trade through the Strait of Hormuz may lead to a rise in crude prices, which could hurt India. \u201cOur main worry is not the availability of crude, but that prices may go up globally. A huge share of our oil purchases is from the West Asian countries of Saudi Arabia and Iraq, and LNG comes from Qatar. Supplies may get massively disrupted,\u201d Taneja said.Prashant Vasisht, senior vice president and co-group head of corporate ratings agency ICRA, said the volatile situation has already led to a hike in crude prices, which have increased from about $65 per barrel to $71-72 per barrel. \u201cFor every increase of $10 a barrel, India\u2019s annual import bill would rise by $13-14 billion,\u201d Vasisht said, adding that the two pipelines have the capacity to cater to only a fraction of the nearly 20 million barrels per day that passes through the Strait of Hormuz.                    \n                                                                    \n                                                                \n                                \n                                    \n\n                                                                        TNN\n                                \n                                \n                                    \n                                    Published On Feb 24, 2026 at 02:35 PM IST\n                                    \n                                \n                            \n                                        \n\n                    \n\n                    \n                                            \n                                        \n\n                    \n                      \n    \n            \n                Join the community of 2M+ industry professionals.    \n                Subscribe to Newsletter to get latest insights & analysis in your inbox.\n            \n\n            \n        \n            \n                \n                    All about ETEnergyworld industry right on your smartphone! \n                    \n                        Download the ETEnergyworld App and get the Realtime updates and Save your favourite articles."
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