Energy infrastructure attacks aimed at price manipulation: Jaishankar

External Affairs Minister S. Jaishankar has characterized recent attacks targeting energy infrastructure and trade routes as calculated moves designed to hold global energy prices hostage, underscoring India's concerns about regional stability and economic security.

Jaishankar's remarks come against a backdrop of heightened tensions in West Asia and the ongoing Russia-Ukraine conflict, both of which have created significant disruptions to global energy markets and supply chains. The minister emphasized that such targeted assaults represent a deliberate strategy to weaponize energy supplies and create artificial scarcity in the market.

India, as a major energy importer heavily reliant on stable global oil supplies, has grown increasingly vocal about the need to protect critical energy infrastructure from disruption. The nation's economic growth and development trajectory are closely tied to affordable and uninterrupted energy access, making it a stakeholder in maritime security and trade route protection.

Jaishankar's intervention signals New Delhi's intent to address the issue through diplomatic channels while highlighting the broader implications of energy market manipulation for developing economies. India has consistently advocated for adherence to international law and the protection of freedom of navigation and commerce in global shipping lanes.

The comments reflect India's balancing act in navigating complex regional geopolitical dynamics while safeguarding its economic interests and energy security needs in an increasingly volatile global environment.