Speaking at an inter-ministerial briefing on recent developments in West Asia, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, said that while the overall regional situation remains a matter of concern, domestic consumer services continue to remain stable and uninterrupted

Oil prices surged sharply after Israel attacked Iran’s South Pars gas field and Iran retaliated by targeting Qatar’s Ras Laffan LNG hub. Brent crude rose 4.10 pc to USD 111.78 per barrel, while WTI rose 3.37 pc to USD 99.57