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Jaishankar Urges Diversified Energy Supply Chains at G20
India's External Affairs Minister criticised the politicisation of energy flows and disruptions, advocating for greater predictability and access in global markets.
India's External Affairs Minister, S. Jaishankar, has issued a robust call for the comprehensive diversification of global energy supply chains, emphatically stating that the politicisation of energy flows is profoundly detrimental to international stability and economic well-being. Addressing a key session at the G20 gathering, Mr. Jaishankar underscored the critical need for an international energy framework built on principles of reliability, predictability, and equitable access, rather than vulnerability to geopolitical leverage.
The Minister specifically highlighted the adverse impact of punitive sanctions and the strategic weaponisation of chokepoints, which he argued were actively disrupting the global supply of oil. He sharply criticised these measures, asserting that they effectively "hold energy prices hostage," leading to artificial volatility and pervasive uncertainty within the international energy market. This manufactured instability, he explained, directly contributes to the escalating and often unaffordable costs that consumers and industries worldwide are currently grappling with, alongside significant barriers impeding access to essential energy resources.
Mr. Jaishankar further clarified India's considered perspective on the fundamental origins of the prevailing global energy crisis. He firmly contended that the crisis is not primarily driven by a fundamental shortage in global energy production capacity. Instead, he identified its core drivers as a pervasive and increasing unpredictability within supply chains, frequent and widespread disruptions stemming from various geopolitical and logistical factors, escalating costs that render energy prohibitively expensive for many economies and households, and systemic obstacles that impede equitable and timely access to vital energy resources. This analytical framework suggests that the global energy challenge is more a structural and governance issue than a simple quantitative deficit.
His address at the G20 forum strongly emphasised the collective responsibility of nations to actively cultivate a more resilient and secure energy landscape. By proactively pursuing diversified supply routes and strategically reducing over-reliance on singular or politically sensitive chokepoints, the international community could collectively mitigate the inherent risks posed by fluctuating geopolitical tensions and ensure a more consistent, stable, and affordable flow of essential energy commodities. Such an approach, he implied, would foster greater global energy security, dampen inflationary pressures, and support sustainable economic development worldwide.
The Minister's remarks signify India's strong advocacy for a fundamental paradigm shift in global energy governance. This shift would move towards systems that consistently prioritise universal access, stability, and affordability over strategic manipulation or the imposition of unilateral measures that destabilise markets. This stance reflects a growing international consensus on the urgent need to insulate critical energy infrastructure and supply networks from political weaponisation, thereby ensuring that energy remains a key facilitator of development and prosperity rather than a recurrent source of international conflict or economic distress. India’s clear articulation of its position at the G20 reiterates its commitment to fostering a predictable, inclusive, and secure global energy future for all.
Reporting by the The Indian Morning Post Editorial Desk.
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