Prime Minister Narendra Modi, while inaugurating several development projects in Hyderabad, underscored the necessity of energy security for India, particularly in light of the ongoing US-Iran conflict that has disrupted global energy supplies. He inaugurated the new Indian Oil terminal in Malkapur, aimed at strengthening supply chains and addressing the energy needs of Telangana. Modi noted that India has made remarkable progress in solar energy and ethanol blending, while also emphasizing the need for restraint in using petrol, diesel, and gas to conserve resources. With India being the world's third-largest energy importer, the ongoing conflict poses risks of inflation, especially as the country relies on the Gulf region for 90% of its LPG needs. As oil marketing companies face financial losses due to rising crude oil prices, petrol and diesel prices in India are anticipated to increase before May 15, contrasting with other major economies that have already raised fuel prices significantly.