West Asia Developments (2024–26): Geopolitical Instability, Oil Prices & India’s Strategic Interests
West Asia Developments (2024–26): Geopolitical Instability, Oil Prices & India’s Strategic Interests
1. Why in News?
During 2024–26:
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Tensions and conflicts in West Asia continued.
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Oil supply disruptions triggered price volatility.
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Shipping routes in the Red Sea region faced security threats.
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India monitored impact on energy security and diaspora safety.
West Asia directly affects India’s economy.
2. Why West Asia Matters to India
1️⃣ Energy Security
India imports a large share of crude oil from West Asia.
Major suppliers:
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Iraq
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Saudi Arabia
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UAE
Oil price shocks impact inflation & CAD.
2️⃣ Indian Diaspora
Millions of Indians work in Gulf countries.
Remittances form key part of current account inflows.
3️⃣ Trade Routes
Red Sea & Suez Canal are critical maritime routes.
Disruptions increase shipping costs.
3. Key Geopolitical Players
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Israel
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Palestine
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Iran
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Saudi Arabia
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UAE
Regional rivalries affect stability.
4. Key Concepts
Strait of Hormuz
Critical chokepoint for oil supply.
Maritime Security
Protection of sea lanes of communication (SLOCs).
UPSC often asks chokepoint geography.
5. India’s Policy Approach
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Strategic neutrality
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Diplomatic balancing
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Protection of diaspora
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Energy diversification
India avoids alignment while safeguarding interests.
6. Static Linkage
Important geography:
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Red Sea
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Suez Canal
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Persian Gulf
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Strait of Hormuz
Map-based prelim questions possible.
7. Prelims Angle
Likely traps:
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Strait of Hormuz connects which water bodies?
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Which region supplies majority of India’s crude oil?
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Red Sea lies between which continents?
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Diaspora remittances form part of which account?
Statement-based + map-based question possible.
8. Mains Angle
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Balancing Israel & Arab nations
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Energy security strategy
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Diversification of oil imports
9. RBI Grade B Angle
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Oil price impact on inflation
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CAD implications
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Exchange rate pressure
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