Centre in a huddle to understand impact of the Iran-Israel tensions

Inter-ministerial meets, stakeholder talks take off

Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed.    

While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.  

Commerce Secretary Sunil Barthwal told reporters at a press conference on Monday that the government is monitoring the situation and will take appropriate action or remedial measures.

“Whenever such conflicts occur, we start monitoring trade,