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2026-05-14 16:20:50
[Modi to Make Brief Visit to UAE to Discuss Long-Term Energy Supply Cooperation] ⑴ Three sources revealed that Indian Prime Minister Narendra Modi will make a brief visit to the UAE on Friday, focusing on long-term energy supply agreements and seeking support for expanding India's strategic petroleum reserves. ⑵ The UAE is the first stop on Modi's five-nation tour from May 15th to 20th. ⑶ As the world's third-largest energy importer, India's energy supply has been disrupted by the situation in Iran, and it is working to ensure stable energy supplies. ⑷ The UAE's recent withdrawal from OPEC is expected to increase crude oil production, which will benefit energy-importing countries like India. ⑸ The UAE is one of India's major suppliers of crude oil and natural gas; the two sides signed a $3 billion liquefied natural gas (LNG) purchase agreement in January this year.
