New Delhi, March 22 Prime Minister Narendra Modi will chair a meeting on Sunday evening with senior ministers to review the petroleum, power, and fertilizer sectors in light of the evolving situation in the Middle East, sources have said.
The focus of the meeting is to ensure uninterrupted supply, stable logistics, and efficient distribution across the country, and the government is taking proactive steps in this direction, they said.
Continuous monitoring of global developments to protect the interests of consumers and industry is the key focus of the government, they said.
On March 12, Modi said that the war in the Middle East has triggered a worldwide energy crisis, posing a critical test of national character that requires dealing with circumstances through peace, patience, and increased public awareness.
The prime minister emphasized that his government is working relentlessly to address disruptions that have emerged in international supply chains.
"Continuous efforts are also underway to determine how we can overcome the disruptions that have occurred in the supply chain," Modi said.
The prime minister has spoken to many global leaders since the Middle East conflict began on February 28, with the US and Israel attacking Iran.
Iran has retaliated by attacking Israel and several of its Gulf neighbors.
Iran controls the Strait of Hormuz, a key shipping route through which 20 per cent of the world's energy is transported. Since the conflict, very few ships have been allowed by Iran to cross it.
The blockade has resulted in severe disruptions in energy supply to many countries, including India.
Since the conflict, Modi has had telephonic conversations with leaders from Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Jordan, France, Malaysia, Israel, and Iran.