New Delhi, May 28 -- The government has firmly ruled out any supply shortage of petrol or diesel, attributing localised fuel stress to deliberate arbitrage by industrial buyers exploiting subsidised retail prices.

India has "more than adequate supplies of petrol and diesel to meet every domestic need, retail and industrial alike," the Ministry of Petroleum and Natural Gas (MoPNG) said in a press release on Wednesday.

The statement came amid reports of apparent tightness at fuel stations in parts of the country.

India, the world's fourth-largest refining hub, operates 22 refineries with a combined annual capacity of 258.1 million tonnes. Domestic consumption stood at 243.2 million tonnes in FY26, while the country exported 61.5 million ...