<span style="color: #222222;">Government has agreed to release five million barrels of crude oil from its Strategic Petroleum Reserves in November last year in consultation and parallelly with other major global energy consumers including USA.<br />''<br />''In a written reply in the Rajya Sabha, Minister of State for Petroleum,  Rameswar Teli said, the Centre is ready to take all appropriate action for mitigating market volatility and calming the rise in crude oil prices.<br />''<br />''He said India's major sources of crude oil imports are Iraq, Saudi Arabia, UAE, Nigeria and USA. The Minister added that less than one percent of total crude oil was imported from Russia in the financial year 2021-22 till January.</span><br />