Discussions around India’s energy security will top the agenda during US President Donald Trump’s proposed visit to India this year. Though no specific dates have been announced for Trump’s visit, officials from various sectors of both countries have met frequently in recent months.
Energy is an important component in the Indo-US trade mix, and currently, India imports around $4 billion worth of oil and gas from the United States of America. The ongoing US-Iran imbroglio has affected India’s energy supplies. This will have a cascading effect on India’s strategic oil reserves and is expected to affect the country’s refining capacity as it is a critical source of export earnings and has strategic implications. Read More…
