Oil companies in the Gulf of Mexico had cut more than 1 million barrels per day (bpd) of output.
The ceiling fans would be manufactured at LG India's plant at Greater Noida.
Samsung is already working with carriers in South Korea, the US and parts of Europe, said Samsung's Junehee Lee.
OPEC+ members agreed to curb oil output by 1.2 million barrels per day from January 1.
PV Sindhu avenges World Championship final loss, conquers Okuhara to clinch Korea Open title
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