Economic Buzz: Spike In Oil Price Breaking Indias Back, Says External Minister

28 Sep 2022 , 03:13 PM

India is deeply concerned over the spike in the price of oil due to the Russia-Ukraine conflict and it is breaking our back, External Affairs Minister S Jaishankar has said. Addressing a joint press conference with US Secretary of State Antony Blinken after holding bilateral talks, Jaishankar on Tuesday said there is a very deep concern among developing countries about how their energy needs are addressed. Speaking about the Ukraine war, he said: We have taken the position privately, publicly, confidentially and consistently that this conflict is not in anybodys interest. The best way forward is to return to dialogue and diplomacy, he said.Powered by Commodity Insights