India, June 8 -- India is prepared to manage global disruptions in oil and has fuel reserves equivalent to 76-80 days of consumption, union minister of petroleum and natural gas Hardeep Singh Puri said.

In an exclusive interview with CNN-News 18, Puri said he expects fuel prices to come down, while assuring that there was no immediate energy risk to the country. "In the midst of all this crisis, in the midst of all this crisis, you have no dry out taking place in any part of the country and you are still exporting," the union minister stated.

He further said that he does not expect oil prices to be "this high" for a very long period of time, saying India has enough strategic petroleum reserves, refinery inventories and commercial stocks...