India Prioritizes 'India First' Amid Crude Surge, Won't Join G7 Oil Release

• India will not join the G7's coordinated oil reserve release, adopting an 'India First' strategy.
• Prioritizes domestic energy security and uninterrupted supply of critical fuels like LPG.
• Strategic petroleum reserves total 5.33 MMT across Visakhapatnam, Mangaluru, and Padur.
• Government focuses on strengthening domestic supply buffers and increasing LPG production due to rising consumption.
• Exploring new LPG supply partnerships with Algeria, Australia, Canada, and Norway; EAM S. Jaishankar expressed concern over West Asia conflict.