India's stable oil supply amid global energy disruptions
pre-market1 source ↓written by the desknot a recommendation
India's oil supply remains stable due to strategic reserves and increased domestic production, according to Oil Minister Hardeep Singh Puri. However, state-run fuel retailers may face losses of ₹1 lakh cr if crude prices stay high without retail price adjustments. Puri urged a shift to piped natural gas and emphasized the need for energy consumption moderation.
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