New Delhi, July 7 -- India's new playbook of having its West Asian oil suppliers on board during the Israel-Iran conflict to bypass the Strait of Hormuz blockade will come into play during future emergencies, said Arvinder Singh Sahney, chairman, Indian Oil Corp. Ltd (IOCL), in an interview.
Saudi Arabia and the United Arab Emirates (UAE) assured India of uninterrupted supplies through all possible options during the June conflict-led uncertainty in the global oil market, he added.
On 25 June, Mint reported the Centre was activating an emergency strategy to ensure uninterrupted oil supplies. This included a plan to bypass the critical Strait of Hormuz in Iranian waters through two pipelines-Abu Dhabi National Oil Co. (Adnoc)-operated Ha...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.