India to honor oil product export commitments despite global supply concerns: Puri

AI Summary

India's Oil Minister Hardeep Singh Puri announced that India will continue to honor its petroleum product export commitments, including diesel, despite global supply concerns related to geopolitical tensions in the Middle East and the Russia-Ukraine conflict. This reassures global markets about India's steady energy supply.

India will honor its overseas commitments for petroleum products, including diesel, Oil Minister Hardeep Singh Puri said Sept. 24, assuring global markets that the country would maintain supplies despite geopolitical tensions in the Middle East and the Russia-Ukraine conflict. “We will continue with product exports and honor our export commitments,” Puri said at an industry ...