India has expressed readiness to support stability in global energy markets as the International Energy Agency agreed on a record release of oil from strategic reserves to ease supply pressures.

The decision comes amid rising concerns about potential disruptions in global oil supply due to escalating geopolitical tensions and instability in key energy-producing regions. The coordinated release of reserves is intended to calm markets and ensure adequate supply for major importing countries.

Officials said India remains prepared to contribute to international efforts aimed at maintaining balance in global energy markets. Authorities also highlighted the importance of coordinated action among major economies to prevent sharp price fluctuations that could affect economic stability.

Energy experts noted that strategic petroleum reserves are designed precisely for such emergencies, allowing governments to respond quickly to sudden supply shocks.

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