India, one of the world's largest importers of oil and gas, confirms in this memorandum the growing concern of the government over the conflict and its impact on energy flows, supply chains, and raw material availability. On Wednesday, the Ministry of Heavy Industry urged companies to shift factory operations from oil-based fuels to electricity and use recycled aluminum or alternative materials amid a widening deficit and rising costs. A government Indian memorandum seen by Reuters showed that India has asked automobile manufacturers and parts suppliers to cut production schedules to save fuel amid fears of a shortage caused by disruptions in oil and gas imports from the Gulf due to the war with Iran. The government gave...
