As Oil Prices Rise Amid Israel-Gaza War, India Says "Watching Closely"
NDTV
Oil prices rose over $3 a barrel on Monday as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East and raised concerns about supplies.
India, the world's third-biggest oil importer, is watching the ongoing conflict in the Middle East closely, the country's oil minister Hardeep Singh Puri said on Monday.
Oil prices rose over $3 a barrel on Monday as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East and raised concerns about supplies.
"The place where action is taking place is in many respects the centre of global energy... as we go along we will navigate through this," Mr Puri told reporters at an industry event in New Delhi.
