{"id":4434,"date":"2026-03-06T23:23:23","date_gmt":"2026-03-06T15:23:23","guid":{"rendered":"http:\/\/longzhuplatform.com\/?p=4434"},"modified":"2026-03-06T23:23:23","modified_gmt":"2026-03-06T15:23:23","slug":"no-shortage-of-energy-in-india-and-there-is-no-cause-of-worry-for-our-energy-consumers-hardeep-singh-puri-amid-us-israel-iran-conflict","status":"publish","type":"post","link":"http:\/\/longzhuplatform.com\/?p=4434","title":{"rendered":"&#039;No shortage of energy in India and there is no cause of worry for our energy consumers&#8230;&#039;: Hardeep Singh Puri amid US-Israel-Iran conflict"},"content":{"rendered":"<p><\/p> <div> <p>Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said India is not facing shortage of energy despite ongoing geopolitical volatility in West Asia. Addressing concerns over potential disruptions to crude oil supplies, Puri highlighted that the government\u2019s priority remains the provision of affordable and sustainable fuel for citizens. He emphasised that energy imports continue uninterrupted and consumers need not worry about fuel availability or price volatility.<\/p> <p>&#8220;Our priority is to ensure availability of affordable and sustainable fuel for our citizens, and we are doing it comfortably. There is no shortage of energy in India and there is no cause of worry for our energy consumers,&#8221; he said. Puri said during a media briefing. These comments followed rising regional tensions and industry speculation regarding supply security.<\/p> <div class=\"embedcode\"> <blockquote class=\"twitter-tweet\"> <p dir=\"ltr\" lang=\"en\" xml:lang=\"en\">In my regular interaction with members of the fourth estate today, we discussed various aspects of India\u2019s uninterrupted energy imports despite geopolitical challenges.<\/p> <p>Our priority is to ensure availability of affordable and sustainable fuel for our citizens, and we are doing\u2026 <a href=\"https:\/\/t.co\/u4QCfSVgQo\">pic.twitter.com\/u4QCfSVgQo<\/a><\/p> <p>\u2014 Hardeep Singh Puri (@HardeepSPuri) <a href=\"https:\/\/twitter.com\/HardeepSPuri\/status\/2029909849589567987?ref_src=twsrc%5Etfw\">March 6, 2026<\/a><\/p><\/blockquote> <\/div> <p>Recent instability in West Asia, particularly around the Strait of Hormuz, has prompted global attention to the flow of crude oil. However, government sources cited by ANI characterised India\u2019s current oil, petroleum product, and LPG supply situation as a &#8220;very comfortable position&#8221;. Officials indicated that proactive measures and diversified sourcing have helped fortify India\u2019s energy security in the face of external risks.<\/p> <p><strong>US grants 30-day waiver<\/strong><\/p> <p>The United States on Thursday granted India a 30-day waiver to purchase Russian crude, as the ongoing Iran conflict disrupts global energy supplies and raises concerns about oil availability.<\/p> <p>Oil prices surged sharply amid the turmoil. West Texas Intermediate (WTI) jumped 8.51%, or $6.35, to close at $81.01 per barrel, marking its biggest single-day gain since May 2020. Brent crude, the global benchmark, rose 4.93%, or $4.01, to settle at $85.41 per barrel.<\/p> <p>The waiver allowing purchases of Russian oil could help ease supply concerns, particularly given India\u2019s central role in global refining. India is the world\u2019s fourth-largest refiner and the fifth-largest exporter of petroleum products. On Friday, however, oil prices cooled slightly, with Brent and WTI falling more than 1% to $84.42 and $79.92 per barrel, respectively.<\/p> <p><strong>India\u2019s crude import strategy<\/strong><\/p> <p>India, also the third-largest oil importer globally, had been shifting away from Russian crude toward Middle Eastern suppliers in recent months.<\/p> <p>However, India\u2019s crude import strategy has evolved significantly since 2022. Imports from Russia have increased sharply, with data from February showing that around 20% of India\u2019s crude imports \u2014 about 1.04 million barrels per day \u2014 originated from Moscow. This diversification aims to reduce vulnerability to disruptions in any single region.<\/p> <p>State-owned Indian Oil Corporation also responded to rumours circulating on social media about fuel shortages, calling such claims \u201cbaseless.\u201d The company said inventory levels remain sufficient and distribution channels are operating normally.<\/p> <p>Indian Oil urged citizens not to panic or crowd fuel stations and advised the public to rely only on official information.<\/p> <p>To support continuous supply, officials said all major refineries and LPG production units have been directed to increase output, a coordinated effort intended to strengthen nationwide availability and shield India from international supply disruptions.<\/p> <p>India has also broadened its sourcing of liquefied petroleum gas (LPG). In November 2025, public sector companies finalised a one-year contract to import about 2.2 million tonnes per annum from the US Gulf Coast, strengthening reserves for 2026. The move forms part of a broader strategy to diversify suppliers and improve energy resilience.<\/p> <p>Industry analysts say India\u2019s approach \u2014 combining diversified imports, increased refinery output and transparent communication \u2014 reflects global best practices for managing volatility in energy markets while maintaining consumer confidence during geopolitical uncertainty.<\/p> <\/div> <p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Hardeep Singh Puri energy supply India, India fuel supply security, India oil supply West Asia conflict, US waiver India Russian oil, India Russian crude imports, India energy security strategy, Brent crude price today, WTI crude oil price surge, Strait of Hormuz oil supply risk, India crude import diversification, Indian Oil fuel shortage rumours, India LPG imports US Gulf Coast, global oil prices Middle East conflict, India petroleum supply situation, Russia oil exports to India#039No #shortage #energy #India #worry #energy #consumers&#8230;039 #Hardeep #Singh #Puri #USIsraelIran #conflict1772810603<\/p> ","protected":false},"excerpt":{"rendered":"<p>Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said India is not facing shortage of energy despite ongoing geopolitical volatility in West Asia. Addressing concerns over potential disruptions to crude oil supplies, Puri highlighted that the government\u2019s priority remains the provision of affordable and sustainable fuel for citizens. He emphasised that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[15789,15058,1856,15791,2069,15786,1044,15777,200,15783,9868,15778,15785,15779,15787,15781,15784,15792,15788,15790,1045,15767,15780,14076,7405,15782],"class_list":["post-4434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-marketing","tag-039no","tag-brent-crude-price-today","tag-conflict","tag-consumers-039","tag-energy","tag-global-oil-prices-middle-east-conflict","tag-hardeep","tag-hardeep-singh-puri-energy-supply-india","tag-india","tag-india-crude-import-diversification","tag-india-energy-security-strategy","tag-india-fuel-supply-security","tag-india-lpg-imports-us-gulf-coast","tag-india-oil-supply-west-asia-conflict","tag-india-petroleum-supply-situation","tag-india-russian-crude-imports","tag-indian-oil-fuel-shortage-rumours","tag-puri","tag-russia-oil-exports-to-india","tag-shortage","tag-singh","tag-strait-of-hormuz-oil-supply-risk","tag-us-waiver-india-russian-oil","tag-usisraeliran","tag-worry","tag-wti-crude-oil-price-surge"],"acf":[],"_links":{"self":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/4434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4434"}],"version-history":[{"count":0,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/posts\/4434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=\/wp\/v2\/media\/4435"}],"wp:attachment":[{"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4434"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/longzhuplatform.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}