Drone strikes on world’s biggest oil producer worry Indian energy planners5 min read 15 Sep 2019, 09:15 AM IST
Saudi Arabia is a crucial source of energy for India and the second largest supplier of crude and cooking gas to India
Any spike in global crude prices will impact India’s oil import bill and trade deficit
New Delhi: With the drone strikes on the world’s biggest oil producer, Saudi Arabian Oil Co or Saudi Aramco disrupting around 5% of the global oil supply and exacerbating tensions in the Persian Gulf, India -- the world’s third largest oil importer -- is keeping a close watch on the situation.
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