US EditionSaudi Arabia and India Forge Deeper Energy Ties
- India has agreed to work with Saudi Arabia to enhance the stability of global oil markets and balance global energy market dynamics, according to a joint statement issued on April 23, 2025.
- Prime Minister Narendra Modi's visit to Saudi Arabia was cut short due to a terror attack in Kashmir's Pahalgam, where 26 people were killed, mostly tourists.
- Both countries emphasized cooperation in energy, including crude oil supply, green hydrogen, and energy efficiency projects, as stated in the joint agreement.
- The Indian side expressed support for Saudi initiatives on climate change, commending the Saudi Green Initiative and the Middle East Green Initiative.
20 Articles
20 Articles
Saudi Arabia and India Forge Deeper Energy Ties
The world’s largest crude oil exporter, Saudi Arabia, and the third biggest importer, India, agreed on Wednesday to enhance cooperation in the energy sector, including in crude oil and petroleum products supply and the construction of two refineries. The agreement to boost energy cooperation adds to a deal to strengthen the strategic partnerships between the two countries in defense, security, trade, investment, technology, agriculture, culture…
India, Saudi Arabia Deepen Ties in Education, Trade Corridors, and Global Coordination
Get latest articles and stories on World at LatestLY. India and Saudi Arabia reaffirmed their commitment to deeper cooperation in education, economic corridors, international coordination, and regional peace as part of Prime Minister Modi's State Visit to the Kingdom on April 22, 2025. World News | India, Saudi Arabia Deepen Ties in Education, Trade Corridors, and Global Coordination.
Saudi Arabia, India agree to cooperate in several fields, including
RIYADH: Saudi Arabia and India have agreed to cooperate in several fields, including defense industries, and exploring joint projects in refineries and petrochemicals, according to a joint statement issued on Wednesday. The two countries agreed to boost cooperation in the energy sector, including in the supplies of crude and liquefied petroleum gas, the Saudi Press Agency
Ziemba: Struck By Energy Deal Between India & Saudi Arabia
Saudi Arabia and India have agreed to deepen energy ties and cooperate more closely on tourism and technology as the countries seek to strengthen relations at a time of turbulence for the global economy. Rachel Ziemba, Founder of Ziemba Insights told Bloomberg's Lizzy Burden on Horizons Middle East and Africa on the significance of the move to establish two oil refineries in India. (Source: Bloomberg)
From Lagos to Calgary the Resource Curse Condemns Nations to Corruption and Autocracy
In 2016, Prince Mohammed bin Salman announced, “We have developed a case of oil addiction in Saudi Arabia.” This was an understatement; the modern state was created solely by oil, its economy financed by oil. Prince Mohammed’s announcement came after oil prices dropped in 2014, resulting in a Saudi deficit of almost US$100 billion the […]
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