Rising geopolitical tensions are anticipated to dampen global trade and GDP growth, which will consequently affect energy demand worldwide, including in India, according to BP’s chief economist Spencer Dale. He emphasized that countries may increasingly prioritize self-reliance over imports, leading India, which relies heavily on imported oil and gas, to boost its domestic production and reduce reliance on foreign energy sources. The BP Energy Outlook suggests that as India reduces its oil and natural gas consumption, the country will likely shift towards a greater share of coal in its energy mix, while also focusing on renewable energy sources. This move towards self-sufficiency in energy production underscores the broader significance of national security and economic stability in an increasingly fragmented geopolitical landscape.