Reuters New Delhi, Delhi, India
Jun 18, 2019, 06.57 AM
United Arab Emirates' (UAE) Minister of State and ADNOC Group CEO Sultan Ahmed Al Jaber has assured India of uninterrupted supply of oil and liquefied petroleum gas despite disruptions in the Strait of Hormuz, Oil Minister Dharmendra Pradhan said on Monday.
Pradhan said he discussed collaboration between India and the UAE during a telephone conversation with Jaber.
Attacks on two oil tankers last week raised concerns about potential supply disruptions as a fifth of the world's oil passes through the Strait of Hormuz.
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Oil prices rose after United States Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in the Middle East.