India prepared for oil market volatility amid West Asia tensions: Hardeep Puri
India remains well-prepared to manage any volatility in global crude oil markets amid escalating tensions in West Asia, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Wednesday. In an interaction with IANS, Puri said the government has successfully managed fluctuations in global oil markets over the past several months and will continue to closely monitor the situation. In addition, the minister asserted that the country`s energy security remains robust due to diversified supply sources and growing efforts towards self-reliance. “Our constant effort has been, and will continue to be, to manage the situation in the same way we have managed it over the last 100 days. We will try to handle the next 30 or 60 days in the same manner. But if the international situation changes and prices rise sharply, then the issue will have to be revisited,” the minister said. On concerns over India`s oil supplies amid the ongoing tensions in West Asia, Puri said the country is better positioned today than in the past to deal with potential disruptions. …









