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India says it can source oil from alternative places and is confident of meeting its needs despite the US threat of sanctions on Russian oil imports.

Oil exploration and production stocks like Oil India and ONGC surged on Thursday, fueled by hopes of increased domestic E&P activity and reduced reliance on imports.

India's oil minister calls for increased oil & gas exploration to reduce reliance on imports, citing USD 100 billion opportunity by 2030. Explore untapped potential and investment opportunities.