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India Prepares Emergency Fuel Strategy Amid Iran War Threat to Oil and Gas Supplies
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India Prepares Fuel Emergency Plan Amid Iran War Threat to Oil-Gas Supply Chain
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Firstpost
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03-03-2026, 15:29
India Prepares Fuel Emergency Plan Amid Iran War Threat to Oil-Gas Supply Chain
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India devises multi-pronged strategy to secure domestic fuel supplies as West Asia tensions threaten Strait of Hormuz.
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Measures include restricting petrol/diesel exports, increasing Russian crude imports, and potential LPG rationing.
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LPG is a key vulnerability, with 85-90% imported from the Gulf and less than two weeks of stock cover.
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State refiners Indian Oil Corporation, Hindustan Petroleum Corporation Ltd, and Bharat Petroleum Corporation Ltd are boosting LPG output.
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Gulf region supplies nearly half of India's crude and LNG, making Strait of Hormuz crucial for energy security.
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