India has enough crude oil and fuel reserves to meet demand for about 50 days, government sources said, seeking to calm concerns over supply disruptions amid rising tensions in West Asia.
Officials said the country currently holds around 25 days’ worth of crude oil stocks. In addition, oil marketing companies have about 25 days’ supply each of petrol and diesel. Combined, the reserves provide a significant short-term cushion against any immediate global supply shock.
The reassurance comes as geopolitical tensions in the Middle East have raised fears of disruptions in crude shipments, particularly through the Strait of Hormuz, a key route for global oil trade. A large share of India’s crude imports passes through this corridor.
Petroleum and Natural Gas Minister Hardeep Singh Puri said the government is closely monitoring the situation and is prepared to take necessary steps to ensure uninterrupted fuel supply. He added that India has diversified its crude sourcing in recent years to reduce dependence on any single region.
Sources also said there is no immediate plan to increase petrol and diesel prices despite volatility in global crude markets. Oil companies continue to review prices based on international trends, but for now, retail fuel rates remain unchanged.
Authorities have set up round-the-clock monitoring mechanisms to track stock levels and logistics across the country. Officials stressed that there is no cause for panic, and fuel availability remains stable.
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