'Israel-Iran conflict will not lead to oil shortage
The Morning Standard|October 08, 2024
THE ongoing conflict between Israel and Iran will not lead to any oil shortage in the world, as there is more reserves available globally than there is consumption, said the Petroleum Minister Hardeep Singh Puri on Monday.
RAKESH KUMAR
'Israel-Iran conflict will not lead to oil shortage

Puri, speaking to the press, also mentioned that if any parties restrict availability, there are new suppliers in the market. For India, the minister noted that there are enough options to purchase from other countries.

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