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India closely monitoring US-Israel-Iran conflict; government says LPG supply normalizing
West Asia: Following the easing of tensions in the Middle East and US President Trump's decision to avert military action against Iran, crude oil prices have fallen sharply by up to 15%. Brent crude has fallen to $96 per barrel. Read the full report on its impact on the global economy.
The Indian government is keeping an eye on the developments in West Asia. The government assures that Indians stranded or working in West Asia are safe. The Indian Prime Minister has discussed this matter with various world leaders.
Sujata Sharma, who is the Joint Secretary at the Ministry of Petroleum and Natural Gas, provided information on the availability of LPG. She said that the availability of LPG is still a concern. However, there is no shortage in distribution tanks. People have stopped panicking and booking LPG. The supply is back to normal.
Ministry of External Affairs spokesperson Randhir Jaiswal stated that the Prime Minister has also spoken to the Iranian President. The Prime Minister strongly condemned the attacks on critical infrastructure in the region. These attacks have threatened regional stability and disrupted global supply chains. He emphasized the need to protect freedom of navigation. He also reiterated the importance of ensuring that shipping routes remain open and secure. He appreciated Iran's continued support for the safety, security, and well-being of Indian citizens in Iran. Aseem R. Mahajan, Additional Secretary, Ministry of External Affairs, stated that the Ministry is closely monitoring the situation.
