India

Russia-Ukraine War: Are We Headed For A Global Oil Crisis?

New Delhi: The Russia-Ukraine war is likely to affect the global crude supply chain. The Indian government is keeping a close tab on the scenario, India Today TV quoted sources a saying on Thursday.

Sources informed India Today TV that the oil ministry has apprised the Prime Minister’s Office and Finance Ministry about the current global oil crisis.

Petroleum Minister Hardeep Singh Puri had a detailed discussion with the PMO and Finance Ministry about the losses Indian oil companies were facing due to the crisis. During the discussion, the Finance Ministry officials said that they would keep a tab on the current excise level.

OB Bureau
Share
Published by
OB Bureau

Recent Posts

Champions Trophy: New Zealand Set Up Final Clash Vs Team India After Crushing South Africa

Lahore: It will be India and New Zealand to face off in the Champions Trophy… Read More

3 hours ago

Odisha To Focus On Raising Production, Market Linkage As Koraput Coffee Finds Place On Global Map

Bhubaneswar: Coffee Board Chairman M J Dinesh met Odisha’s Deputy Chief Minister Kanak Vardhan Singh… Read More

3 hours ago

Bhubaneswar To Get Flight Services To 2 More Destinations From March 30

Bhubaneswar: Odisha capital will soon have air connectivity with two more domestic destinations - Ghaziabad… Read More

3 hours ago

Parineeti Chopra Reveals Her Parents Didn’t Have Money To Get Her A Birthday Cake!

New Delhi: Taking a trip down memory lane, actress Parineeti Chopra said in a recent… Read More

3 hours ago

‘Rajiv Gandhi Failed At Cambridge & Imperial College, Became PM’: Mani Shankar Aiyar Sparks Controversy

New Delhi: Mani Shankar Aiyar is known to speak his mind without caring about political… Read More

3 hours ago

Nayanthara Asks Fans To Stop Calling Her ‘Lady Superstar’; Know Why

Hyderabad: ‘Jawan’ actress Nayanthara took to social media to request fans to stop calling her… Read More

4 hours ago