Budget Session 2026 Updates: PM Narendra Modi to Speak on Middle East Issue in Lok Sabha
On Sunday, PM Modi held a meeting to cover the long and short term measures to make sure the supply of essential commodities and energy security in the midst of war.
Narendra Modi is set to address the Lok Sabha during the Budget Session 2026, focusing on the evolving Middle East crisis and its implications for India’s strategic and economic interests.
Prime Minister Narendra Modi addressed Lok Sabha on the present political and financial conditions in the Middle East. He urged all parties to stay united. The speech comes after PM Modi held a meeting of the Cabinet Committee of Security. In this meeting, discussion on the long and short term important measures was held on the supply of essential commodities and energy security.
On February 28, the US and Israel launched a joint operation against Iran. On the first day of the Middle East war, the Supreme Leader Ayatollah Ali Khamenei was killed. Iran has hit back with strikes against its oil-exporting neighbours. Showing great opposition, Iran has closed the Strait of Hormuz. It is called as a key channel that carries around 50 per cent of the world's oil supply. It has directly disrupted trade all over the world.
PM Narendra Modi's Lok Sabha speech on how India is responding to Hormuz chokehold-driven energy crisis
Prime Minister Narendra Modi told Parliament on Monday, that the war in Iran shows a "concerning situation" given India imports high quantities of crude oil and gas from Gulf nations. But India, the Prime Minister said, is answering to instability caused by Tehran's chokehold on the Strait of Hormuz, which supplied India 1.3 million barrels of oil daily pre-war.
The PM added again that crores of Indians are watching energy costs and mentally calculating the impact on household budgets.
He said, "Our government has tried that petrol, diesel and gas supply shouldn't get disrupted (and that) households shouldn't suffer".
