Business Other News 22 Jun 2019 India raises concern ...

India raises concerns over rising oil prices with Saudi Arabia

REUTERS
Published Jun 22, 2019, 1:39 pm IST
Updated Jun 22, 2019, 1:39 pm IST
Global oil prices rose sharply on fears of a US military attack on Iran that would disrupt flows from the Middle East.
Oil Minister Dharmendra Pradhan.
 Oil Minister Dharmendra Pradhan.

New Delhi: India’s oil minister Dharmendra Pradhan expressed concerns about rising crude oil prices to his Saudi Arabian counterpart, Khalid al-Falih, on Friday amid worsening US-Iranian tensions, a government statement said.

Global oil prices rose sharply on fears of a US military attack on Iran that would disrupt flows from the Middle East, which provides more than a fifth of the world’s oil output.

 

Pradhan told Falih by telephone that he wanted Saudi Arabia to play an active role within OPEC and OPEC+ to keep oil prices at a reasonable level.

...
Location: India, Delhi, New Delhi




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT