New Delhi: Union Petroleum Minister Hardeep Singh Puri on Tuesday said India is not facing an immediate risk of fuel shortage despite the ongoing conflict in West Asia.
His remarks come amid concerns after Iran, which is at war with the US and Israel, shut the Strait of Hormuz—an important route for global oil shipments. A significant share of India’s fuel imports is routed through the strait, raising fears of supply disruption.
Puri said India currently has stocks of crude oil as well as petrol, diesel and cooking gas sufficient for about 25 days. He added that the ministry has set up a 24x7 control room to continuously monitor developments.
He also noted that India meets its fuel needs through imports from more than 40 countries, with around 60% coming from regions such as North America, Latin America and Russia, reducing dependence on the Hormuz route. For natural gas, he said about half of India’s requirement is produced domestically, which should help avoid an emergency shortage of cooking gas.
