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The Economic Times

Economy / The Economic Times

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India ready to support oil markets as IEA agrees record release

India has pledged to support global oil markets by taking appropriate measures, aligning with the International Energy Agency's record 400 million barrel oil release. This move aims to stabilize prices that have surged due to the U.S.-Israeli war with Iran, which has disrupted India's own energy supplies.

11 Mar 2026 11:29 pm