Reliance's broken promise is India's energy crisis
April 20, 2026
13 min
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Episode 732 · April 20, 2026
Reliance's broken promise is India's energy crisis
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Reliance's broken promise is India's energy crisis
Summary
<p>Seventeen years ago, Reliance Industries made a promise that was supposed to change India's energy future. </p><p>It didn't. </p><p>Today, with a war raging in the Middle East, the Strait of Hormuz mostly closed, and Qatar — India's single largest gas supplier — unable to guarantee supplies, that broken promise has become a full-blown crisis. India finds itself caught between Trump, Tehran, and its own structural failures. The IEA calls it the worst energy crisis in history.<br /> <br />For India, it may be the moment that finally forces a reckoning.</p><p>Tune in.</p><p><strong><em>Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. </em></strong><a href="https://the-ken.com/pricing/"><strong><em>Subscribe</em></strong></a><strong><em> for more exclusive, deeply-reported, and analytical business stories.</em></strong></p>
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