Phase IFoundation
Background
Overview
India is a major oil importer, making global energy prices and supply security critical for its economy, inflation, and foreign policy decisions. Understanding the geopolitical factors influencing energy markets is essential for analyzing India's strategic interests and vulnerabilities.
Geopolitics of energy refers to the interplay between political power, international relations, and the production, distribution, and consumption of energy resources. It encompasses how states use energy as a tool of foreign policy and how energy resources influence global conflicts, alliances, and economic stability, particularly impacting global oil markets and prices.