India hails IEA decision to release emergency oil stocks to rein in prices

New Delhi: India on Wednesday welcomed the International Energy Agency’s (IEA) decision to release emergency oil stocks amid the prevailing supply disruptions due to the Iran war.  The government is closely monitoring the evolving situation in global energy markets, particularly in the Middle East, an official said. India stands ready to take appropriate measures, as … Continue reading India hails IEA decision to release emergency oil stocks to rein in prices