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Informist, Tuesday, Mar. 3, 2026

--Govt: At present reasonably comfortable with petrol, diesel, ATF stocks

--Govt: Set up 24-hour control room to monitor supply, stocks of petro pdts

--Govt: Well stocked with crude oil, inventories of key petroleum products

--Govt: India energy cos have supplies that aren't routed via Strait of Hormuz

--Govt: Safeguarding interests of Indian consumers remains highest priority

NEW DELHI - India is well stocked with crude oil and inventories of key petroleum products, including petrol, diesel and aviation turbine fuel, to deal with short-term disruptions arising from the military conflict in West Asia, Minister of Petroleum & Natural Gas Hardeep Singh Puri said Tuesday.

In the last few years, India has ensured both availability and affordability of energy for its population by diversifying its sources, he said. 

Israel and the US Saturday attacked Iran, killing hundreds, including the country's Supreme Leader Ayatollah Ali Hosseini Khamenei. Iran has since retaliated against Israel and targetted US military facilities around the Persian Gulf. According to reports, the Iranian military has also ordered the shut-down of the Strait of Hormuz, a passage which is used to transport about a third of the world's crude oil.

Puri said Indian energy companies now have access to energy supplies that are not routed through the Strait of Hormuz. Such cargoes will remain available and help mitigate supplies that may be temporarily affected enroute through the Strait of Hormuz.

The ministry has established a 24-hour Control Room to continuously monitor the supply and stock position of petroleum products across the country, a government release said. "At present, the government is reasonably comfortable in terms of stocks. Safeguarding the interests of Indian consumers remains the highest priority. Based on continuous monitoring, the government is cautiously optimistic that phased measures can be taken, if required, to further mitigate the situation," the release said.  End

Reported by Sagar Sen

Edited by Vandana Hingorani

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