New Delhi is projecting an image of calm as it grapples with the energy shock, but the cost of oil subsidies is ballooning, with no end to the disruptions in sight.

New Delhi is projecting an image of calm as it grapples with the energy shock, but the cost of oil subsidies is ballooning, with no end to the disruptions in sight.

The Iran crisis has exposed India's energy vulnerabilities but opens an opportunity for a stronger trade partnership between the US and India.