On March 23, 2026, Prime Minister Narendra Modi addressed the Lok Sabha, shedding light on the escalating conflict in West Asia that has been ongoing for over three weeks. The situation, he noted, is worrisome and poses significant challenges for India.
During the session, Modi emphasized the importance of the information provided by External Affairs Minister Dr. S. Jaishankar and Union Minister Hardeep Puri, who have kept the House updated on the developments in the region.
Following his address, PM Modi chaired a high-level meeting of the Cabinet Committee on Security to discuss the implications of the West Asia crisis. Ministers were tasked with forming dedicated groups to address the emerging challenges stemming from the conflict.
One of the key concerns is the disruption around the Strait of Hormuz, a vital shipping route for oil. Modi assured that the government is actively managing supply challenges and monitoring the situation closely.
Currently, India holds approximately 53 lakh metric tonnes of strategic petroleum reserves, with plans to expand this to 65 lakh metric tonnes. This move is part of a broader strategy to ensure energy security amid global uncertainties.
Modi highlighted that India has diversified its crude oil import sources significantly, now sourcing from 41 countries, up from 27 previously. This diversification aims to mitigate risks associated with geopolitical tensions.
Despite the ongoing conflict, PM Modi noted that several shipments have continued to reach India via the Hormuz route in recent days, ensuring a steady supply of essential resources.
Furthermore, he reiterated that the supply of LPG for domestic use remains the government’s top priority, even as domestic production has increased over the years.
As the situation unfolds, the government’s proactive measures aim to safeguard India’s interests while navigating the complexities of the West Asia crisis. The implications of these developments are critical for national security and economic stability.
Details remain unconfirmed regarding the full extent of the crisis’s impact on India, but the government’s response indicates a commitment to addressing the challenges head-on.
