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The review focused on ensuring uninterrupted supplies, stable logistics, and strengthened distribution systems for essential commodities across India.
Oil prices experienced a significant decline on Tuesday, with Brent crude futures dropping to $92.45 a barrel and US West Texas Intermediate (WTI) falling to $88.65, a sharp reversal from Monday's surge past $100
Various reports quoted officials as saying that India has enough stock reserves which can last up to 74 days to meet demands during crisis.
The Oil Ministry declined to comment on the issue
The US Treasury has given companies until November 21 to wind down transactions with the Russian oil producers.
This marks the fourth time Trump has commented on the matter in six days.
His statements came after he once again claimed that Prime Minister Narendra Modi reassured him that India would stop buying Russian oil.
The rise comes as refineries were back on full stream to meet the demand during festive seasons, according to ship tracking data.
The Russian ambassador described Russia as India's "most reliable energy partner", suggesting potential to enhance the overall ties.
Trump has recently targeted India for its Russian oil purchases, imposing tariffs on Indian exports to the US to discourage the country's crude buying.
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