Iran ambassador to India says have good contact with Indian Government on passage of Indian ships and want to help India
- Iran has oil and ready to sell to any country that wants it.
Context
The statement from the Iranian ambassador indicates a strengthening of ties with India, particularly in energy trade, suggesting Iran's readiness to supply oil may influence global supply dynamics. This could affect commodities markets, especially WTI prices, as increased Iranian oil could shift supply balances and impact geopolitical risk perceptions around oil sourcing.
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