Indian government says oil stocks last nearly 60 days
With the Middle East conflict making headlines, rumors online claimed India's oil would run out in just five to 10 days.
The government quickly set the record straight: India actually has enough oil to last nearly 60 days right now, and storage capacity for about 74 days.
So, no need to panic: gasoline, diesel, and LPG supplies are all stable.
India cuts fuel taxes amid conflict
To tackle rising global oil prices from the conflict (which kicked off with joint strikes in late February), India has cut fuel taxes and is working with other countries to keep things steady.
Indian Navy warships were kept on standby to assist merchant vessels during operations near Jamnagar, Gujarat, making sure energy supplies keep moving smoothly.
A 47,000-metric-tonne LPG shipment recently arrived at Vadinar Terminal in Jamnagar, Gujarat; Navy warships were kept on standby to assist the merchant vessels during the transfer.