Israel-Riran War: There will be no shortage of crude oil in the country, but Union Minister Puri will ensure between Iran-Israel-there-there will be no shortage of crude oil in the country
Union Petroleum and Minister of Natural Gas, Hardep Singh Puri, on Wednesday ensured that, despite global uncertainties, there will not be a shortage of crude oil and that fuel prices are also stability. This assurance of the Union Minister came at a time when the ongoing conflict between Iran and Israel could probably increase the cost of manufacturing goods throughout the world, New -Delhi. Union Petroleum and Minister of Natural Gas, Hardep Singh Puri, on Wednesday ensured that, despite global uncertainties, there will not be a shortage of crude oil and that fuel prices are also stability. This assurance of the Union Minister, one of the most important producers of Iran -Ru oil, comes at a time that the ongoing conflict between Iran and Israel can probably increase the cost of manufacturing goods in the world, as Iran is one of the most important producers of crude oil. The last reduction in petrol and diesel prices, which emphasizes the previous cuts in gasoline and diesel (November 2021, May 2022 and March 2024), said that India retained a disciplined price approach and shows no major disruption. Earlier Monday, Puri said that a large oil and gas reserves were found in Andaman. He said India is doing everything to increase its traditional fossil -based energy production. In an interview with the IANS news agency, Petroleum and Natural Gas Minister, Hardep Singh Puri, said that the economy of India is increasing annually by a rate of 6.5 percent and in the coming years to become an economy of eight billion dollars. Union Minister said that the Minister of Economics, who grows at 6.5 percent annually, said that India has already increased from two trillion dollars to an economy of $ four and with the current 6.5 percent growth rate, we lead to an eight billion economy in the near future. He said that as the economy expands, it promotes economic activities and increases per capita income. In the contemporary mutual world, it also leads to more exchange of goods and services. Puri also said that a strong economy is increasing the world status and credibility of the country.