New Delhi, March 10 -- Rajya Sabha MP Sanjay Singh on Tuesday submitted a notice under rule 267 of the Upper House, seeking to suspend matters of the house and discuss the ongoing West Asia conflict.

The Aam Aadmi Party (AAP) MP has said that the ongoing conflict "poses serious risks" for India's trade, economy and energy security, as crude prices shot up due to uncertainty in maintaining safety over global shipping routes.

The Israel-US attacks and Iran's subsequent retaliation has disrupted maritime traffic on Strait of Hormuz, disrupting potentially the passage of nearly 20 per cent of global petroleum supply.

"Missile attacks on strategic hubs and threats to maritime lanes have increased instability around the Strait of Hormuz, one...