‘Middle East crisis raises fuel price concerns’

‘Middle East crisis raises fuel price concerns’

Finance Minister Nirmala Sitharaman on Friday flagged concerns arising out of Israel-Palestine war and its economic impact, especially on fuel prices.

“The recent crisis in the Middle East, and concerns about fuel are worries which many countries do hold, and they have expressed as well. Fuel, food security, and fragmentation of supply chains might become concerns going ahead,” Sitharaman said.

Talking about apprehensions related to Middle East Economic Corridor in the wake of the war, she said that it is long-term matter despite short-term glitches. “We will continue holding discussions with stakeholders,” she said.

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