India Holds 50 Days of Crude Stock, Govt Downplays Energy Shortage Fears

India currently has enough crude oil and petroleum product stocks to last at least 50 days, according to a top government source, easing concerns over potential energy shortages amid rising geopolitical tensions in West Asia. The assurance comes at a time when global markets are closely watching developments around the Strait of Hormuz, a critical oil transit route.

The official described India’s energy position as “comfortable,” emphasizing that the country has diversified its crude sourcing strategy over the past few years. By expanding imports beyond traditional suppliers, India has reduced its vulnerability to regional disruptions. The government also indicated that there are alternative supply options available should any logistical challenges arise. In addition to crude reserves, India is reported to have 25 to 30 days of LPG stock, providing further relief to households and industries dependent on cooking gas and related fuels. Officials stressed that contingency planning and strategic reserves are in place to manage unforeseen supply shocks.

While global oil prices remain sensitive to geopolitical developments, the government’s statement aims to reassure markets and citizens that India’s energy security framework is robust and prepared to handle short-term disruptions without immediate impact on domestic supply.

Disclaimer: The information provided in this article is for general informational purposes only. While we endeavor to keep the information up to date and correct, News Setu makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability of the content. Any reliance you place on such information is strictly at your own risk.