India raises concerns over rising oil prices with Saudi Arabia

reuters

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Global oil prices rose sharply on fears of a US military attack on Iran that would disrupt flows from the Middle East

Oil Minister Dharmendra Pradhan.

New Delhi: India’s oil 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.

Pradhan told 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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