India well-placed to deal with any situation on crude oil, fuel amid West Asia supply shock: Goyal.

  • Published In: India Together, 2026. P. N.PAG 1 of 2

  • Database: Sociology Source Ultimate 2 of 2

Abstract

The article focuses on Union Minister Piyush Goyal's remarks regarding India's preparedness to manage crude oil and fuel supply challenges amid the West Asia crisis disrupting gas shipments and shipping routes. Goyal highlighted that India has sufficient fuel stocks, increased kerosene production as an alternative cooking fuel, and diversified LPG and LNG imports from countries like Canada, the US, and Russia. He acknowledged short-term economic stress, including pressure on the rupee, but expressed confidence in India's resilience and continued economic growth. The Commerce Ministry is actively engaging with export stakeholders and plans to introduce measures, including insurance schemes, to support exporters affected by shipping disruptions. [Extracted from the article]

Additional Information

  • Source:India Together. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2026
  • Accession Number:192318446
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