India worried over rise in oil prices due to increasing tension in West Asia, appeals to all parties to exercise restraint

New Delhi, 8 July. India has once again expressed deep concern over the increasing tension due to recent attacks in West Asia and has appealed to all parties to exercise restraint. It is noteworthy that merchant ships passing through the Strait of Hormuz (International Sea Route) have been targeted again.

Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal issued a statement late on Wednesday night saying, ‘India is very concerned about the recent attacks and rising tensions in West Asia. The incidents come as commercial ships transiting the region’s international waterways have again been targeted. These incidents may pose a threat to peace, security and stability in the region.

Our statement on recent developments in West Asia

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— Randhir Jaiswal (@MEAIndia) July 8, 2026

Randhir Jaiswal said, ‘India calls on all parties to exercise restraint, reduce tensions and ensure uninterrupted flow of energy supplies and trade while protecting civilians. We urge all parties to adopt the path of dialogue and diplomacy to find a peaceful and lasting solution to this conflict.

Sharp rise in crude oil prices in the international market

Meanwhile, a sharp rise was seen in the prices of crude oil in the international market. The price of Brent crude increased by 6.52 percent i.e. $ 4.69 to around $ 80 per barrel. At the same time, the price of America’s West Texas Intermediate (WTI) oil also increased by more than six percent to around $ 75 per barrel.

US President Trump warns of major attack on Iran

Earlier on Wednesday, US President Donald Trump warned Iran that if Tehran continued the attacks, America could take further military action and even impose a naval blockade. He said that talks regarding Iran’s nuclear program no longer seem very useful to him. However, he indicated that his officials could continue talks.

Iran accused of violating temporary ceasefire

Trump said these things during his meeting with NATO Secretary General Mark Rutte and later with Ukrainian President Volodymyr Zelensky during the NATO conference in Ankara. He accused Iran of violating the temporary ceasefire given by America.

‘Iran fired rockets at ships, so we gave a strong response’

The US President said, ‘They had told us not to target us during the funeral. I had said that I would not do this. We didn’t do that. Rather we made the situation safe for them. After this Iran started attacks again. They started firing rockets at the ships yesterday. So we gave them a very strong answer. I would say it was 20 times more powerful attack. I have told them that whenever you attack, we will respond.

‘It is possible that we may give them a strong reply again tonight’

When asked whether this meant starting a large-scale war again, Trump did not give a clear answer. However, he said that further attacks may occur. He said, ‘It is possible that we may give them a strong reply again tonight. I will also give them a little warning.

Instructions to US Army to increase the scope of action against Iran

Trump said that he has instructed the US military to increase the scope of action against Iran. He said, ‘I have told the army not to target the pipeline, but to target all other targets on Kharg island.’ Kharg Island is Iran’s largest oil export hub.

Meanwhile, US Defense Secretary Pete Hegseth said that the US military targeted Iranian military bases that were posing a threat to merchant ships passing through the Strait of Hormuz.