India: Saudi advice on using stored oil ‘undiplomatic’

0 8


Feeding the poor and needy is an act that draws us closer to Allah. We earn His forgiveness, mercies and blessings through this act of charity.

“Anyone who looks after and works for a widow and a poor person is like a warrior fighting for Allah?s cause, or like a person who fasts during the day and prays all night. (Bukhari)

Indian Oil Minister Dharmendra Pradhan on Friday described the advice of his Saudi counterpart on using stored oil to tackle high crude prices as “undiplomatic”, The Times of India reported.

“That was in a way an undiplomatic answer by some of our old friends,” he said, “I politely disagree with that kind of approach.”

Pradhan added: “Certainly, India has its own strategy, when and how to use our own storage, and we are conscious about our interests.”

Reuters reported Pradhan criticising the Organisation of Petroleum Exporting Countries (OPEC) and Saudi output cuts aimed at supporting prices, and suggested that India will have to look for energy alternatives to Gulf oil, its main source of crude oil.

READ: Yemen’s Houthis to strengthen attacks on Saudi Arabia

With India hard-hit by rising oil prices, Pradhan has repeatedly called on OPEC and its allies, known as OPEC+, to ease supply curbs.

Advising India, Saudi Energy Minister Prince Abdulaziz Bin Salman has suggested that it should turn to its strategic reserves filled with cheaper oil bought last year.

Reuters reported that India had asked refiners to speed up diversification and cut reliance on Middle Eastern oil, citing sources claiming that Indian refiners are planning to cut imports from Saudi Arabia by about a quarter.

Support Islam Religion Guardian
At the present time, we are running on very limited funds. In order for us to run Islam Religion Guardian service efficiently, we are in need of your generous support.

“Today, Iraq is the number one supplier of our requirement. We are taking a substantial amount from the UAE also. The UAE is a very reliable partner,” Pradhan noted, adding that Indian companies are free to buy oil from any country.


Middle East Monitor

Subscribe to our newsletter
Sign up here to get the latest news, updates delivered directly to your inbox.
You can unsubscribe at any time

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy