India, July 9 -- India and Australia have reaffirmed their commitment to strengthening bilateral energy security and ensuring resilient energy supply chains amid rising geopolitical tensions in the Middle East and ongoing disruptions to global energy markets.
In a joint statement, the two countries expressed concern over the impact of the Middle East crisis on energy, resource and commodity supply chains, while reiterating their support for open markets, rules-based trade and reliable energy flows.
Both nations committed to enhancing energy trade and investment through existing bilateral frameworks, including the Economic Cooperation and Trade Agreement (ECTA) and the proposed Comprehensive Economic Cooperation Agreement (CECA). They also...