Government Raises Concerns Over Rising Oil Prices With Saudi Arabia
Oil minister Dharmendra Pradhan expressed concerns about rising crude oil prices to his Saudi Arabian counterpart, Khalid al-Falih, on Friday amid worsening US-Iranian tensions, a government statement said.
Global oil prices rose sharply on fears of a USÂ military attack on Iran that would disrupt flows from the Middle East, which provides more than a fifth of the world's oil output.
Mr Pradhan told Khalid al-Falih by telephone that he wanted Saudi Arabia to play an active role within OPEC and OPEC+ to keep oil prices at a reasonable level.
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