New Delhi, March 6 -- India is in a "very comfortable position" regarding crude oil, petroleum products and LPG supplies despite concerns over disruptions through the Strait of Hormuz, government sources said on Friday.
According to the sources, the country currently has access to more energy supplies from diversified sources than the volume that could potentially be impacted through the Strait of Hormuz. India's existing stock of crude oil and petroleum products is also adequate to meet domestic demand.
Sources said the government is closely monitoring the situation and plans to ramp up supplies from alternative geographies to offset any potential supply constraints linked to the Strait of Hormuz.
They highlighted that India has signi...
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