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via economictimes.indiatimes.comPolitics

Jaishankar: global oil sanctions and chokepoints used to hold prices hostage

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Addressing the G20 foreign ministers' meeting in Atlanta on Friday (US time), he said the world was facing an energy crisis driven not by a lack of production but by unpredictability, supply disruptions, unaffordable costs and difficulties in access.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRemarks on energy sanctions and chokepoints may signal supply tensions that can influence oil prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Indian foreign minister Jaishankar spoke at the G20 foreign ministers' meeting in Atlanta.
  2. 02He said the world faces an energy crisis not caused by a lack of production.
  3. 03The causes he cited were unpredictability, supply disruptions, unaffordable costs and difficult access.

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