Prime Minister Narendra Modi Highlights Middle East and Russia-Ukraine Conflicts
• Prime Minister Narendra Modi emphasized the importance of the Middle East and Russia-Ukraine wars for global economy and energy security.
• He cited fears of further escalation in the Middle East if Israel attacks Iran, potentially causing a surge in energy prices and a wider conflict.
• Modi committed to structural reforms to help India become a developed nation by 2047.
• India is heavily dependent on crude oil imports and about half of its gas needs, largely from the Middle East.
• Modi emphasized India’s confidence in science, technology, and innovation amidst global uncertainties.