India and Saudi Arabia have agreed to collaborate on stabilising global oil markets and balancing energy dynamics, emphasising the security of supply for all energy sources. They will also cooperate in green hydrogen, climate change initiatives, and the circular carbon economy. The joint statement issued after Prime Minister Narendra Modi's visit to Saudi Arabia highlighted the importance of cooperation in various energy sectors, including crude oil supply and derivatives. Both countries emphasized the need for security and stability in global energy markets. Additionally, they reaffirmed support for climate change agreements and initiatives like the 'Saudi Green Initiative' and the 'Middle East Green Initiative'. The joint statement also touched upon cooperation in technology, digital governance, tourism development, humanitarian aid for Yemen, and efforts to ensure security and safety of waterways. Overall, the sentiment of the article is positive regarding the collaboration between India and Saudi Arabia in various fields.