India has adequate energy supplies for coming months: Oil Minister Puri amid Israel-Iran escalation
The Union Minister of Petroleum and Natural Gas
Hardeep Singh Puri
on Friday said that India has adequate energy supplies for the coming months amid escalating tensions between Iran and Israel.
"We have adequate energy supplies for the coming months," said Puri in a post on X. The statement comes after he held a periodic review with Petroleum Ministry Secretary and CMDs of India's energy PSUs.
"India's energy strategy is shaped by successfully navigating the trilemma of energy availability, affordability and sustainability under the dynamic leadership of PM Sh @narendramodi Ji," said Puri.
Crude prices soared more than 13 percent at one point Friday following the overnight attacks -- reaching the highest levels since January.
They later pulled back but were still up by around eight percent around 1300 GMT, with international benchmark Brent North Sea crude at nearly $75 per barrel.
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