RBI expressed concern about the rise in oil prices
RBI expressed concern about the rise in oil prices
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New Delhi: The supply of crude oil has been affected worldwide following the drone attack on Saudi Aramco, the Saudi oil company. Due to this, there has been a continuous increase in oil prices in India for two days. India is the third-largest oil importing country in the world. Reserve Bank Governor Shaktikanta Das has pointed out the impact the attack will have on the country's economy. He said that India's current account and fiscal deficit could be affected if oil prices continue to rise.

SBI gave this suggestion to the government on economic slowdown

The Governor of the Reserve Bank has asked to wait a few more days before forming any final opinion. He called the search for an alternative source of oil supply important. In fact, two of Ramco's facility centres caught fire on Saturday morning. Saudi Arabia's Interior Minister confirmed the fire at Aramco's facility centres due to the drone attack.

Piyush Goyal gave this statement on the issue of trade between India and America

The rebel organization has claimed responsibility for this attack. Aramco has reduced its production after this attack. After this drone attack, a crisis has arisen on the supply of oil globally. The global supply of oil has decreased by 57 lakh barrels per day since this attack. This volume is about six per cent of the global supply. It will take a few days for the supply to return to normal.

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