The Double Blockade is choking the World’s Economy: G7, India and Energy Chaos.
The global energy market is facing a double supply shock as disruptions linked to the Middle East and Russian energy flows put pressure on oil and diesel supplies. The G7 has responded with a coordinated release of up to 100 million barrels of strategic reserves, with diesel supplies being front-loaded.
For India, the situation is especially important as refiners face tighter Russian crude supplies and growing competition from China, while India continues to diversify its oil sources.
In this video, we explain the global energy crisis, G7 oil response, Russian oil disruption, Middle East supply risks, India’s crude imports and the impact on India’s economy and energy security.
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