India, May 15 -- As the world faces an energy crisis triggered by the war between Iran and the United States, backed by Israel, India signed a strategic deal with the United Arab Emirates for the supply for Liquified Petroleum Gas (LPG) to help ease the impact of the war.

India is the world's second largest LPG importer, making the deal a crucial one to ensure enough supply during global tensions. The deal was signed during Prime Minister Narendra Modi's short two-hour trip to the UAE.

Apart from the LPG deal, both the countries also signed a Memorandum of Understanding on strategic petroleum reserves. This deal comes just hours after petrol and diesel prices in India were raised by Rs.3 each on Friday, May 15.

Published by HT Digital ...