‘Can see a big problem coming’: Rahul Gandhi’s big warning amid LPG crisis due to Middle East conflict | India News
New Delhi: Congress leader and leader of the opposition Rahul Gandhi warned on Thursday that the country’s energy security could face serious challenges amid disruptions in global energy markets due to escalating conflicts in the Middle East.Talking about the possible impact of the crisis on India’s energy supply, Rahul said the government should urgently prepare for possible shortages of oil and cooking gas.
“Usually the procedure is you can ask to speak. So I asked to be allowed to make a statement about the LPG gas and oil situation in the country… but a new procedure has started where the minister will decide first, then I will speak, then the minister will respond,” Rahul said while talking to reporters.This came after Congress MP KC Venugopal asked the Lok Sabha Speaker Om Birla To allow the LOP to raise the issue of LPG crisis in the House.“Basically, the bottom line is that all energy problems are going to happen because basically our energy security has been compromised. Faulty foreign policy has created this problem… Now we have to prepare. We still have some time left. The government and the Prime Minister should start preparing immediately, otherwise crores of people will face huge losses,” Rahul said.“This war is fundamentally changing the current world order. It is much bigger than whether Iran will refuel or not. We are entering a volatile period. You have to change your mindset at this time… What I suggest to the government is that they should start thinking deeply now and make sure that our people do not suffer heavy losses. This is not a political statement. I see a big problem coming.”Targeting the government, Rahul said the prime minister must ensure that India’s energy security is secure despite the deteriorating global situation.“The problem is that the Prime Minister is not able to function as the Prime Minister of the country. There is a reason for that, which is that he is trapped. However, he still has to ensure that the people of India are protected, and our energy security is managed by us,” said the LoP.His comments come at a time when global energy markets are experiencing volatility due to the escalating conflict in the Middle East.Industry developments indicate that crude oil supplies have been significantly disrupted by the ongoing military escalation, pushing benchmark prices such as Brent crude closer to $100 per barrel.Supplies of natural gas and liquefied petroleum gas (LPG) are also under pressure as maritime trade routes in the region face disruptions.One of the key concerns is the virtual closure of the Strait of Hormuz, an important global shipping route through which a large portion of the world’s energy supply passes.The strait handles about 20% of global liquefied natural gas (LNG) trade, making it one of the most important maritime chokepoints for global energy markets. Any disruption to traffic through the route could significantly affect the movement of oil, gas and related energy products in international markets.