{
  "id": 7218632,
  "title": "Diversification & demand destruction: How India managed its energy needs amid the Iran war",
  "url": "https://urgent.news/2026/09/14/diversification-demand-destruction-how-india-managed-its-energy-needs",
  "topic": "world",
  "section": "World",
  "published": "2026-09-14T01:30:23.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/india/crude-oil-prices-indian-crude-basket-trade-deficit-india-11789303115335.html"
  },
  "original_language": "en",
  "account": "In the aftermath of the US and Israel's attack on Iran, global crude oil prices have experienced a tumultuous six-month period. Between March and May, prices skyrocketed above $110 per barrel, only to plummet rapidly once a semblance of ceasefire was reached. However, recent tensions have once again pushed crude prices back above $100 a barrel.\n\nA Delhi-based venture called thisisalive.com, established by former business journalists, is tracking these fluctuations. The platform aggregates data, processes, interprets, and visualizes it to provide decision-makers with insights. Since 2015, it has been a data partner to the popular financial news outlet, Mint.\n\nThe story of India's energy management during this period is a crucial aspect of this narrative. While the source does not delve into specifics, it is clear that the country's approach to energy diversification and demand destruction has played a significant role in navigating these volatile oil markets.",
  "summary": "By shifting crude sourcing to Russia, absorbing demand destruction, and shielding domestic households from soaring LPG and natural gas costs, India has managed the West Asian oil shock—though at a heavy cost to trade balances and commercial sectors.",
  "key_points": [
    "India managed energy diversification amid Iran war tensions",
    "Demand destruction strategies implemented to control consumption",
    "Oil prices fluctuated between $100 and $110 per barrel"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CBS News",
        "title": "U.S. military on high alert as Iran, allies target energy supply",
        "url": "https://urgent.news/2026/09/14/u-s-military-on-high-alert-as-iran-allies-target-energy-supply",
        "published": "2026-09-14T01:16:13.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "US hosts G20 ‘energy abundance’ talks amid Iran war shock",
        "url": "https://urgent.news/2026/09/14/us-hosts-g20-energy-abundance-talks-amid-iran-war-shock",
        "published": "2026-09-14T01:54:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}