India terms Saudi Arabia response to call for more oil supplies ‘undiplomatic’
Indian oil minister Dharmendra Pradhan on Friday described his Saudi counterpart’s advice to reduce oil stores to tackle high crude prices as “undiplomatic”.
“That was in a way (an) undiplomatic answer by some of our old friend. I politely disagree with that kind of approach.
“Certainly India has its own strategy, when and how to use our own storage, and we are conscious about our interests,” Pradhan said at Times Network’s India Economic Conclave in the Indian capital.
Pradhan has criticised OPEC and Saudi output cuts aimed at supporting prices and suggested India will have to look for energy alternatives to Gulf oil, its main source of crude.
