This Article is From Jun 21, 2019

India Dials Saudi Arabia Over Rising Oil Prices As US-Iran Ties Worsen

Global oil prices rose sharply on fears of a US military attack on Iran that would disrupt flows from the Middle East, which provides more than a fifth of the world's oil output.

India Dials Saudi Arabia Over Rising Oil Prices As US-Iran Ties Worsen

Dharmendra Pradhan expressed concerns about rising crude oil prices to his Saudi Arabian counterpart.

NEW DELHI:

Petroleum minister Dharmendra Pradhan expressed concerns about rising crude oil prices to his Saudi Arabian counterpart, Khalid al-Falih, on Friday amid worsening US-Iranian tensions, a government statement said.

Global oil prices rose sharply on fears of a US military attack on Iran that would disrupt flows from the Middle East, which provides more than a fifth of the world's oil output.

Mr Pradhan told Mr Falih by telephone that he wanted Saudi Arabia to play an active role within OPEC and OPEC+ to keep oil prices at a reasonable level.
 

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