Union Petroleum Minister Hardeep Singh Puri stated that India is well-prepared for any global oil supply disruptions caused by the Israel-Iran conflict. He assured that India maintains a strategic petroleum reserve and commercial stock sufficient for 76-80 days. Even if the Strait of Hormuz is closed for 30 days, India can manage the situation by sourcing from alternative suppliers like Mozambique and the UAE. The government is also focusing on increasing domestic production and storage capacities.
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