World · South & Central Asia · 46 mins ago

Jaishankar warns G20 of energy supply disruptions from sanctions and chokepoints

Jaishankar warns G20 of energy supply disruptions from sanctions and chokepoints

India’s foreign minister S. Jaishankar warned the G20 about disruptions to energy trade at a meeting in Atlanta.

He said sanctions and chokepoints were increasingly distorting global oil and gas markets.

The meeting took place as sanctions affected Iranian oil sales and energy supplies from West Asia were disrupted.

Jaishankar said the world’s energy crisis was driven less by production shortages than by unpredictability, high costs and difficulty accessing supplies.

He warned that these disruptions could affect low-income countries and have wider consequences because energy markets are interconnected.

India needs reliable LPG supplies for clean cooking, and Jaishankar said its critical minerals mission covers exploration through recycling.

He urged the G20 to keep energy markets open and predictable and to support finance, storage, small modular reactors, green hydrogen and biofuels.

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What people are saying

S JaishankarIndia’s External Affairs Minister
The G20 must display both understanding and leadership to keep energy markets open and predictable,
via The Hindu
Selective carve-outs speak for themselves.
via Economic Times
in the face of global challenges, military solutions will not work and diplomacy must be given a chance.
via Hindustan Times

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