New Delhi, June 16 -- The Indian Government should review energy risk scenarios, diversify crude sourcing and ensure strategic reserves of oil amid the ongoing conflict between Israel and Iran, according to a report by GTRI.

The Global Trade Research Initiative (GTRI) has warned that India, though not directly involved in the Iran-Israel conflict, cannot afford to remain complacent.

The report urged the Indian government to ensure that the country's strategic oil reserves are sufficient to handle any possible crisis.

It stated, "India, though not a party to the conflict, cannot afford complacency. The government must urgently review energy risk scenarios, diversify crude sourcing, and ensure strategic reserves are sufficient".

It furt...