Indian Clarity

Light. Truth. Clarity.

Loading ad...
Business

India reviews fuel supplies amid Middle East tensions

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo NEW DELHI, Mar 2 : As military conflict in the Middle East escalates, India’s Oil Ministry on Monday said it is continuously monitoring the evolving situation and will take all necessary steps to ensure availability and affordability of key petroleum products in the country. India imports 88 per cent of its crude oil needs and roughly half of its natural gas requirement. These mostly come via the Strait of Hormuz, which the Iranian authorities have threatened to shut down following attacks by the US and Israel.

India reviews fuel supplies amid Middle East tensions

Credit: Dailyexcelsior

Key Highlights

  • Oil Minister Hardeep Singh Puri reviewed the supply situation for crude oil, LPG, and other petroleum products with senior officials from the ministry and public sector companies.
  • “We are continuously monitoring the evolving situation and all steps will be taken in order to ensure availability and affordability of major petroleum products in the country,” the ministry said in a post on X.
  • (PTI) Follow our WhatsApp channel.
Loading ad...

Sources

  1. India reviews fuel supplies amid Middle East tensions

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Related Stories

Loading ad...