Speed Post News Network
New Delhi : Government of India ( GoI) is closely monitoring global energy markets as well as potential energy supply disruptions as a fall out of the evolving geopolitical situation.
With a view to ensuring energy justice for its citizens and for just energy transition towards a net zero future, India stands ready to take appropriate action for ensuring ongoing supplies at stable prices, according to a PIB releaxe.
India is also committed to supporting initiatives for releases from Strategic Petroleum Reserves for mitigating market volatility and calming the rise in crude oil prices.