Hardeep Singh Puri, the Minister of Petroleum and Natural Gas, told Parliament that India's energy supplies remained secure despite the conflict in West Asia. He said the resilience reflected diversified import sources and sustained domestic production. The minister added that continuous monitoring of supply chains and engagement with international partners had helped to contain volatility. He noted ongoing assessments of refining throughput and stock management to ensure continuity of supply across regions.

The government highlighted measures including enhanced maritime surveillance, coordination with refiners and adjustments to procurement strategies. It noted the role of strategic petroleum reserves (SPR) in providing a buffer and said storage levels were being managed to smooth supply. Officials were reported to be in regular contact with exporters and shipping operators to mitigate disruptions. State authorities and regulators had been engaged to align distribution plans and to avoid localised shortages.

Market reaction was modest and domestic fuel availability did not show immediate signs of stress, the minister said. He indicated that retail prices continued to reflect global trends but that contingency plans were in place to address sudden spikes in crude costs. The authorities retained the option to release oil from the SPR and to engage in bilateral arrangements with alternative suppliers if necessary. Communications with markets and consumers were being prioritised to prevent panic buying and to maintain confidence.

The minister emphasised that the government continued to prioritise energy security and to monitor developments closely. He said diplomatic channels were active and that diversification of supply partnerships remained central to the strategy. Parliament would receive further updates as the situation evolved and steps would be taken to protect consumers and the economy. Contingency exercises had been undertaken and contractual flexibilities were being reviewed to adapt supply arrangements if disruptions persisted.