No Fuel Shortage in India, Adequate Crude Oil Stocks Available: Hardeep Singh Puri
K N Mishra
12/Mar/2026
What's covered under the Article:
-
Petroleum Minister Hardeep Singh Puri assures there is no fuel shortage in India despite global energy tensions.
-
India has diversified crude oil sources, reducing dependence on the Strait of Hormuz route.
-
LNG cargo shipments and high refinery utilisation ensure energy security even during prolonged conflicts.
Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday assured the nation that India is not facing any fuel shortage, stating that the country has sufficient crude oil supplies and robust arrangements in place to meet domestic demand.
Amid growing global concerns over energy supply disruptions due to escalating tensions in the Middle East, the minister emphasised that India’s crude oil supply position remains secure and urged citizens not to believe rumours or spread misinformation regarding fuel availability.
According to Puri, India’s energy security strategy, which focuses on diversification of crude oil sources and strengthening international partnerships, has helped the country withstand the impact of the ongoing geopolitical crisis.
India’s Crude Oil Supply Position Is Secure
Speaking about the current situation, the minister highlighted that the world is experiencing an unprecedented moment in modern energy history, with geopolitical conflicts affecting major oil supply routes.
However, he stressed that India’s crude supply remains stable and secure.
He pointed out that the volume of crude oil secured by India currently exceeds what would normally have been delivered through the Strait of Hormuz, which has been under threat due to the ongoing regional conflict.
The Strait of Hormuz is one of the most critical maritime routes for global oil transportation, connecting major oil-producing countries in the Middle East to global markets.
Before the current crisis began, around 45 percent of India’s crude oil imports passed through the Strait of Hormuz.
Despite this dependency, India has managed to secure additional supply routes and diversify its import sources, ensuring uninterrupted fuel availability.
Diversification of Oil Import Sources
A major reason behind India’s energy resilience is the diversification of crude oil supply sources over the past two decades.
According to Puri, India has expanded its oil import network significantly, increasing the number of countries supplying crude oil to the nation.
The minister said:
-
India currently imports crude oil from around 40 countries.
-
In 2006–2007, the number of supplying countries was only 27.
This diversification strategy has allowed India to maintain flexibility in sourcing crude oil even when certain regions face disruptions.
The broader supplier base ensures that the country can quickly shift to alternative sources when geopolitical events affect specific supply routes.
Reduced Dependence on the Strait of Hormuz
Another key factor highlighted by the minister was the reduction in India’s dependence on the Strait of Hormuz for crude oil transportation.
He explained that non-Hormuz crude sourcing has increased significantly during the current crisis.
According to the latest data shared by the minister:
-
70 percent of India’s crude imports are now coming through non-Hormuz routes.
-
Before the conflict escalated, this share stood at around 55 percent.
This shift has helped India avoid major disruptions even as tensions threaten the vital maritime corridor.
By increasing reliance on alternative supply routes, the government has ensured that India remains insulated from potential blockades or security risks in the region.
Prime Minister’s Diplomatic Outreach
The petroleum minister also credited Prime Minister Narendra Modi’s diplomatic outreach and global relationships for strengthening India’s energy security.
He noted that sustained diplomatic engagement with multiple countries has helped India secure crude oil supplies that exceed the volumes previously dependent on the Strait of Hormuz route.
According to Puri, India’s international partnerships and goodwill have played a crucial role in ensuring stable energy supplies during a time of global uncertainty.
Diplomatic relations with key oil-producing nations have enabled India to quickly arrange alternative shipments and maintain steady supply chains.
Refineries Operating at High Capacity
The minister further revealed that Indian oil refineries are operating at extremely high capacity levels to meet domestic fuel demand.
In several cases, refineries are operating at more than 100 percent capacity utilisation, demonstrating the country’s ability to maximise production even during challenging times.
High refinery utilisation ensures that petrol, diesel and other petroleum products remain available across the country.
This operational strength plays a vital role in maintaining stable fuel supply for transportation, industries and households.
Regular LNG Cargo Arrivals
Apart from crude oil, the government has also ensured steady supplies of Liquefied Natural Gas (LNG).
Puri stated that large LNG cargo shipments are arriving almost every day through alternative supply routes.
These shipments are helping maintain stable supplies for:
-
Power generation
-
Industrial operations
-
Household energy consumption
The minister emphasised that India has adequate gas production and long-term supply arrangements to sustain current energy needs even if the geopolitical crisis continues for an extended period.
Alternative LNG Suppliers
To strengthen supply stability, India has secured LNG cargoes from multiple countries.
These include:
-
United States
-
Norway
-
Canada
-
Algeria
-
Russia
This diversified sourcing ensures that India is not dependent on a single region for its energy needs, reducing vulnerability to geopolitical conflicts.
By spreading procurement across different continents, India has created a resilient energy supply system capable of handling global disruptions.
Power Supply to Households and Industries Protected
The petroleum minister also assured that electricity generation across India remains fully protected.
Adequate fuel availability ensures uninterrupted power supply to both households and industrial sectors.
Stable energy supply is essential for sustaining:
-
Manufacturing activities
-
Transportation networks
-
Public infrastructure
-
Household consumption
The government’s preparedness aims to ensure that economic activity continues smoothly despite global energy uncertainties.
Government Urges People Not to Spread Rumours
Addressing concerns about possible shortages, Puri urged citizens to avoid spreading rumours or creating panic through misinformation.
He stressed that the government is closely monitoring the situation and has already taken proactive steps to secure sufficient fuel supplies.
The minister warned that false narratives about shortages could create unnecessary panic among the public.
He reassured citizens that India’s energy infrastructure and supply chains remain strong and capable of meeting demand.
Global Energy Crisis and India’s Preparedness
The current tensions in West Asia have raised concerns worldwide because the region is responsible for a significant share of global oil production.
Any disruption in major maritime routes such as the Strait of Hormuz can potentially impact international oil prices and supply chains.
However, India’s long-term strategy of diversification, diplomatic engagement and infrastructure expansion has strengthened the country’s ability to handle such crises.
Experts believe that these policies have reduced India’s vulnerability to geopolitical shocks in the global energy market.
Conclusion
Petroleum Minister Hardeep Singh Puri’s assurance that there is no fuel shortage in India comes at a time when global energy markets are facing uncertainty due to geopolitical tensions in the Middle East.
With diversified crude oil sources, alternative supply routes and regular LNG cargo arrivals, India has built a resilient energy system capable of meeting domestic demand.
The government’s strategy of expanding supplier networks, strengthening diplomatic ties and increasing refinery capacity has ensured that the country remains well-prepared even during periods of international crisis.
As the global situation continues to evolve, officials maintain that India’s energy security remains strong and citizens should not worry about fuel availability.
Join our Telegram Channel for Latest News and Regular Updates.
Start your Mutual Fund Journey by Opening Free Account in Asset Plus.
Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.
Related News
Disclaimer
The information provided on this website is for educational and informational purposes only and should not be considered as financial advice, investment advice, or trading recommendations.
Trading in stocks, forex, commodities, cryptocurrencies, or any other financial instruments involves high risk and may not be suitable for all investors. Prices can fluctuate rapidly, and there is a possibility of losing part or all of your invested capital.
We do not guarantee any profits, returns, or outcomes from the use of our website, services, or tools. Past performance is not indicative of future results.You are solely responsible for your investment and trading decisions. Before making any financial commitment, it is strongly recommended to consult with a qualified financial advisor or do your own research.
By accessing or using this website, you acknowledge that you have read, understood, and agree to this disclaimer. The website owners, partners, or affiliates shall not be held liable for any direct or indirect loss or damage arising from the use of information, tools, or services provided here.