Analysts predict Iran could boost its oil exports by 1 million to 1.5 million barrels per day, or up to 1.5 percent of global supply, in six months, following international efforts to revive the 2015 nuclear deal.
Finance minister Nirmala Sitharaman blamed "global factors such as the Russia-Ukraine conflict" and soaring crude oil prices for the weakening of the Indian Rupee against the US dollar.
Members of the IEA agreed to tap their emergency oil reserves to calm crude prices that have soared following Russia's attacks on Ukraine,
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2023 TRT World.
Like
Follow