India, March 25 -- Amid disruptions in global energy supplies and fears of strict measures over shortage of fuel and gas due to the US-Iran war, Bharat Petroleum Corp. Ltd on Wednesday dismissed rumours of petrol-diesel shortage saying that India has adequate reserves.
The February 28 US-Israeli strikes on Iran sparked a war that has not just affected the Gulf region but the entire world, with key waterway Strait of Hormuz being virtually closed off.
A fifth of world's gas and fuel requirements reportedly travel through the Strait of Hormuz that Iran's retaliation has choked.
Amid tankers carrying gas and crude oil being stranded or delayed due to the chokehold on the Strait of Hormuz, questions have been growing around what steps the ...
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