"There are issues of availability of insurance and vessels for carrying oil and of a banking system active and ready to be used for payments," External Affairs Minister Salman Khurshid told reporters today.
He was talking on the sidelines of the FICCI-organised 3rd National Conference on Energy Security here .
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Khurshid said Commerce Minister Anand Sharma was in touch with many countries regarding the issue.
"This is a critical moment in which we need to do some tidying up and we will get over the situation in the not too distant future," he said.
He also said talks were being held with Iran over the issue of the detention of Indian oil tanker, MV Desh Shanti.