India, March 4 -- As the crisis in West Asia deepens affecting global oil supplies, India allayed apprehensions of fuel shortages. On Tuesday, Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri said India has enough fuel reserves to deal with short term disruptions and has crude oil stocks to last 25 days.
India is the third largest importer, fourth largest refiner, and fifth largest exporter of petroleum products globally. Officials assured that there is no immediate plan to increase petrol and diesel prices.
"At present, the Government is reasonably comfortable in terms of stocks. Safeguarding the interests of Indian consumers remains the highest priority," Puri said at a press briefing.Top officials said contingency plan...
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