Geopolitical events
On June 13, 2026, the Indian government formally launched the Indo--Pacific Energy Corridor Initiative, a $25 billion strategic investment framework designed to secure alternative energy supply chains. The policy prioritizes the development of liquefied natural gas (LNG) infrastructure and green hydrogen production hubs along the eastern seaboard to bypass volatile maritime routes. Prime Minister Narendra Modi characterized the initiative as a "strategic buffer" against the global energy price shocks triggered by ongoing conflicts in the Middle East and the South China Sea. This move signifies India's shift toward energy self--reliance and its intent to stabilize domestic macro--economic indicators amidst heightening geopolitical tensions.