Energy Security
India sets up seven empowered groups to tackle West Asia war impact
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The Indian government has formed seven Empowered Groups of secretaries to monitor and mitigate the West Asia conflict's effects. Prime Minister Narendra Modi discussed the situation in a phone call with Sri Lanka President Anura Kumara Dissanayake, focusing on energy security disruptions.
US President Donald Trump has rejected Iran’s response to a US proposal aimed at ending the war. Tehran pressed for conditions including lifting the naval blockade, easing sanctions, and retaining influence over shipping through the Strait of Hormuz.
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Leaders at the 48th ASEAN Summit in Cebu agreed to advance a shared power grid and a regional maritime center, though details remain pending, Philippine President Ferdinand Marcos Jr. said on May 8.
South Korea is in close talks with Iran and other countries to normalize passage through the Strait of Hormuz after Tehran offered to allow Japan-bound vessels amid the Middle East crisis. A foreign ministry official said the government is actively communicating with relevant nations while monitoring the situation.
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Werner Ponikwar, CEO of Thyssenkrupp Nucera, calls in a guest commentary for more commitment to electrolysis technologies. Diversified energy imports are insufficient to reduce dependency. Electrolysis links renewable electricity to industrial value creation and produces hydrogen as a storable energy carrier.