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India secures crude supply amid West Asia tensions

12 Mar 2026 · 16:06 ISTafter close1 source ↓written by the desknot a recommendation

India's crude supply remains secure with daily consumption at 55 lakh barrels. The government has diversified procurement sources, exceeding typical volumes from the Strait of Hormuz. Amid rising LPG costs due to regional tensions, the government is prioritizing essential sectors like hospitals for LPG distribution. 💼

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OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 Mar 2026, 16:06 IST.

Sourcesnews.google.com

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India secures crude supply amid West Asia tensions

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