SC: Under Order XXI Rule 102 CPC, A Transferee Pendente Lite Cannot Obstruct Execution of a Decree  ||  SC: RTE Act promotes fraternity and equality by children of judges and vendors studying together  ||  MP High Court: Aadhaar and Voter ID Cards are Not Definitive Proof of Date of Birth  ||  Chhattisgarh HC: Second Marriage During Subsisting First Marriage Void Unless Custom Permits It  ||  Allahabad HC: Will in Favor of Someone Does Not Affect Compassionate Appointment Based on Dependency  ||  MP High Court: Mere Illness of a Family Member, If Improving, is Not Sufficient for Interim Bail  ||  Bombay HC: ?25K Fine for Flying Kites With Nylon Manjha; Parents Must Ensure Responsible Conduct  ||  Delhi High Court: Home State Must be the First Preference For Claiming Insider IFS Cadre Allocation  ||  SC: Hindu Daughter-In-Law Widowed After Her Father-In-Law’s Death is Entitled to Maintenance  ||  SC: Vendor Remains a Necessary Party in Specific Performance Suits Even After Transferring Property    

India welcomes the announcement by the IEA for collective oil stock release of 120 million barrels- (Press Information Bureau) (07 Apr 2022)

MANU/PIBU/1766/2022

Civil

Government of India welcomes the announcement by the International Energy Agency for collective oil stock release of 120 million barrels. Government of India has also taken note of the US Government's decision, late last month, to release 180 million barrels from its Strategic Petroleum Reserves, over the next 6 months, to calm rising global fuel prices.

In the interest of collaborating with like minded countries on these positive initiatives, Government of India is examining what it can do to support these actions.

As a major consumer of energy, India has consistently espoused the importance of stable, affordable and accessible global energy markets. Government of India, therefore, hopes that these initiatives will bring equanimity to global energy markets.

Tags : ANNOUNCEMENT   IEA   OIL STOCK RELEASE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved