New Delhi: Amid the escalating tensions arising in the Middle East due to the US-Israel war with Iran, the Centre has called an all-party meeting on Wednesday to discuss the ongoing conflict across West Asia. The meeting will be held in the Parliament complex at 5 pm.
The ongoing West Asia crisis that began on February 28 has sent gas and oil prices across the world soaring due to Iran’s de facto blockade of the Strait of Hormuz, the crucial narrow chokepoint into the Gulf through which one-fifth of the world’s oil flows.
Prime Minister Narendra Modi on Tuesday said the ongoing West Asia crisis is a cause of concern for India while cautioning that if it persists for a longer period, serious consequences are imminent. Speaking in the Rajya Sabha on the West Asia crisis yesterday, PM Modi said, “West Asian war has impacted us all. This war has been going on for over 3 weeks. It has created a serious fuel issue in the world. The situation in India is worrying too. This has impacted our ways of business…”
He also assured the people of the country that India has enough crude oil storage and non-stop supply arrangements. He said the government is trying to procure gas and crude oil from all possible sources and efforts will continue in the coming days.