The price of petrol and diesel will increase! Why did the Petroleum Minister give this statement?

Ever since the Israel-Palestine conflict started, the price of Brent crude oil has seen an increase of about 6 percent i.e. 5 dollars per barrel. At present, the price of Brent crude oil is hovering around $90 per barrel. Also today an increase of 4 percent has been seen in the price of Brent.

Amid the Israel-Palestine conflict, a big statement has come from the government regarding the prices of petrol and diesel. The government has clearly said that there may be an increase in the prices of petrol and diesel in the coming days. In fact, after the ongoing conflict in the Middle East, the prices of crude oil are increasing. The main reason for this is the availability of crude oil. If the supply of crude oil decreases then the prices are sure to increase. After which the government may have to increase the prices of petrol and diesel.

Hardeep Singh Puri's big statement

On fuel prices, Union Minister Hardeep Singh Puri said that we are dealing with three challenges – availability, affordability and stability. At present we are not worried about availability, because the number of countries from which we import crude oil has increased from 27 to 39… If there is a problem in one region, we can get our supplies from another region. As far as affordability is concerned, it is related to availability… prices may increase if the amount of oil available in the markets suddenly decreases. “For the sake of sustainability, we have not allowed our position in the green energy transition to weaken.”

What did Hardeep say on Israel and Hamas?

Regarding the ongoing war between Israel and Hamas, Union Petroleum Minister Hardeep Singh Puri said that India is facing terrorism and has always condemned terrorism and will continue to do so. Hardeep Puri, who reached Chandigarh, said today the question is not what is the definition of terrorism because for some terrorists can be freedom fighters and for some they can be mere terrorists but the issue today is that innocent civilians cannot be targeted under any circumstances, no matter the reason. whatever happens. You cannot kill innocent civilians. If you feed the monster, the monster will eat you. We are against it. Terrorists take away the most basic right, the right to life. He said that India is ensuring that the supply of petroleum is not affected and we are working in this direction.