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News India Live, Digital Desk: Amidst the energy crisis arising out of the conflict between America, Israel and Iran, India has played a diplomatic masterstroke which has attracted the attention of the entire world. India-Iran energy trade, which was stalled since 2019 due to US sanctions, has suddenly taken a new turn. India, the world’s second largest importer of LPG, has proved its diplomacy in the middle of the sea to such an extent that even China kept watching. In fact, India has captured a huge ship full of Liquefied Petroleum Gas (LPG) bound for China from Iran in the middle of the sea. The most shocking thing is that the payment for this mega-deal will not be made in the international currency dollar, but in Indian rupees.
Trump’s exemption and India’s masterstroke There is also a strategic move of America behind this whole story. A special exemption of 30 days was given by the Donald Trump administration to control global oil and gas prices, of which India immediately and fully took advantage. According to the report of reputed shipping data agency (LSEG), a banned vessel named ‘Aurora’ is scheduled to reach Mangaluru port today carrying huge quantity of Iranian LPG. The most interesting aspect is that this cargo was originally meant to quench China’s thirst, but due to changing global circumstances and India’s agility, it was diverted to India midway. Reuters sources have confirmed that this consignment has been purchased through an international trader and India will proudly pay for it in its own rupees.
There will be relief from the biggest gas crisis in decades India is currently facing the most serious gas supply crisis in decades. 60 percent of the country’s LPG demand is completely dependent on imports. Due to the ongoing war in the Middle East and the Strait of Hormuz, the energy supply had deteriorated badly, due to which the government was forced to cut the gas supply to the industries so that the stoves in the homes of the common man could keep burning. Now this life-giving consignment of ‘Aurora’ coming from Iran will be distributed among the three major government oil companies of the country – Indian Oil (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL), due to which the shortage of domestic LPG will be removed to a great extent.
Successful rescue and new preparations amid war Amidst the extremely tense and dangerous situation in West Asia, the Indian government is not only buying gas, but is also prepared on war footing for the safety of its ships and citizens. Four Indian tankers namely Shivalik, Nanda Devi, Pine Gas and Jag Vasant stranded near the Strait of Hormuz have been successfully rescued. Along with this, the work of rapidly loading LPG on empty ships parked in the Persian Gulf has also been started, so that there is no impact on the energy security of the country in the coming days.