Middle East war rattles oil markets: India invokes Essential Commodities Act for gas supply — what it means
NEW DELHI: As the conflict in West Asia continues to disrupt global energy flows, the Indian government has moved to safeguard domestic fuel supplies. With crude oil prices fluctuating amid uncertainty over shipments through the Strait of Hormuz, New Delhi has invoked provisions of the Essential Commodities Act (EC Act) to regulate the supply and…