Strategic Shield – India in Talks with US for Marine Insurance Cover on Oil Shipments

Published

To protect against potential supply disruptions in the Gulf, the Indian government is in high-level discussions with the United States to secure specialized marine insurance cover for oil vessels. With the West Asia crisis threatening traditional energy routes, New Delhi is looking to provide a safety net for buyers and traders of crude oil and Liquefied Petroleum Gas (LPG). Government officials confirmed that the primary goal is to maintain a steady energy supply while insulating the economy from sudden spikes in insurance premiums. These talks are part of a broader diplomatic effort to ensure that India’s energy security remains intact despite the rising geopolitical volatility in the Persian Gulf.

Get in touch with us

Fill the following details and send your query to us and we will provide the support you need.

Support Center 24/7

+022 4322 4000 (25 lines) Time : 10 AM - 6 PM

Our Location

1st Floor, Old Oriental Building, 65 M.G. Road, Mumbai: 400023