Petroleum Products Archives

Govt Invokes Essential Commodities Act To Regulate Supply Of Petroleum, Natural Gas Amid Iran War

Last Updated:March 10, 2026, 1:02 PM IST The decision was made to protect consumers from potential supply shocks linked to tensions affecting shipments through key routes such as the Strait of Hormuz. Photo for representation. The Government of India has invoked the Essential Commodities Act, 1955, to regulate the availability, supply and equitable distribution of…

There will be no shortage of petrol and diesel in the country: India has 4,000 crore liters of crude oil, the government said this is enough for 8 weeks.

DainikNews Live Admin3 days ago05 mins

India will have no shortage of crude oil during the US-Israel and Iran war. India currently has a stock of more than 25 crore barrels (about 4,000 crore litres) of crude oil and refined petroleum products. According to the government report, this backup is so much that even if the supply stops completely, the entire…