New Delhi : The government on Monday said there is no shortage of petrol, diesel, LPG or crude oil in the country and urged people not to panic. During an inter-ministerial briefing on the situation in West Asia, government officials said India has enough fuel stocks and has taken steps to reduce the impact of the ongoing conflict in the region.
Joint Secretary (Marketing & Oil Refinery), Ministry of Petroleum & Natural Gas said India has sufficient stocks of crude oil, LPG, petrol and diesel. She said around 90% of India’s energy imports were coming from the affected region, but the government had quickly taken measures to minimise any disruption. Sharma said there is no need for panic buying as the country has enough fuel supplies of all kinds.
“There is no shortage,” she said, adding that the government has taken adequate steps to ensure minimum impact on supplies. Officials said Prime Minister Modi’s message on reducing unnecessary travel and conserving fuel should be viewed in the spirit of saving energy rather than as a response to any supply shortage. The government stressed that the appeal was intended to encourage responsible fuel use while global geopolitical tensions continue to affect energy markets.
On questions related to Iran’s Foreign Minister visiting India, Jaiswal said Foreign Ministers of BRICS nations and partner countries are expected to visit India, and details will be shared once plans are finalised. He also reiterated India’s stand on the West Asia situation, saying the country has supported peace and dialogue from the beginning. Ministry of Ports and Shipping official Opesh Sharma said 10 Indian-flagged vessels have safely crossed out of the Strait of Hormuz so far without paying any additional charges.
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