India supports oil markets amid IEA's record release
after close1 source ↓written by the desknot a recommendation
- due to recent
- 25%
India announced its readiness to support global oil markets in response to the IEA's record release of 400 million barrels. This move aims to stabilize prices that have surged 25% due to recent supply shocks linked to the U.S.-Israeli conflict with Iran. The Indian government emphasized its commitment to market stability, although specific support measures were not detailed.
Not investment advice. For informational purposes only.