Last Updated:March 06, 2026, 19:47 IST

Officials indicated that India has increased sourcing of crude and other energy supplies from multiple regions.

India is stepping up efforts to secure energy supplies from across the world as disruptions around the Strait of Hormuz threaten shipments from the Gulf amid the escalating Iran-Israel-US conflict, government sources said, adding that the country remains in a “comfortable position" on crude oil, petroleum products and LPG.

According to officials, India currently has adequate stocks and is working to ramp up supplies from other regions to offset disruptions caused by reduced shipping through the strategic waterway.

“Today, we have more energy sources than what is stuck in the Straits of Hormuz. We are in a comfortable position in Crude oil, Oil products and LPG. In terms of our current stock, we are in a comfortable position," government sources said.

Officials also underlined that crude imports from Russia remain a key component of India’s diversified sourcing strategy.

“We have been buying crude oil from Russia since 2022. In 2022, we were importing 0.2 per cent of total imports from Russia. In February, we imported 20 per cent of our total crude oil imports from Russia. In February, India imported 1.04 mn barrel per day from Russia," the sources said.

ALSO READ: Strait Talk: How Hormuz, At The Centre Of The West Asia War, Got Its Name And Power

The government source also dismissed reports suggesting operational disruptions at one of the country’s major refineries. “News of the MRPL refinery shutdown is incorrect. MRPL Refinery is very well stocked, have adequate stock," sources said.

Officials added that steps are being taken to ensure stable cooking gas supplies for households.

“All the LPG refineries are directed to increase production of LPG. We are in a comfortable position with our LPG stock," the sources said.

To further ease demand pressures, the government is also planning to divert petrochemical output for domestic consumption where required. “We will use our Petchem for domestic use to ease the consumption demand," the sources added.

The comments come as India faces potential risks linked to energy supply disruptions in the Middle East after a joint US-Israel military strike on Iran on February 28 resulted in the death of Iran’s Supreme Leader Ayatollah Ali Khamenei and several senior figures.

India sources nearly 40 per cent of its oil imports from the region, with a significant portion transported through the Strait of Hormuz — one of the world’s most important energy transit routes.

ALSO READ: ‘Baseless’: Iran Denies Blocking Strait Of Hormuz, Accuses US Of Endangering Maritime Security

Union Minister Assures No Energy Shortage

Union Oil Minister Hardeep Singh Puri also assured that India faces no energy shortage and there is no cause for concern among consumers.

In a post on X, the minister wrote, “In my regular interaction with members of the fourth estate today, we discussed various aspects of India’s uninterrupted energy imports despite geopolitical challenges. Our priority is to ensure availability of affordable and sustainable fuel for our citizens, and we are doing it comfortably."

The conflict has spiralled rapidly across the region and beyond, hammering global markets and pushing crude oil prices up by about 20 per cent in the week since the fighting erupted. Shipping activity in the narrow waterway, through which roughly a fifth of the world’s oil trade passes, has slowed sharply.

While Iran has not officially shut the Strait of Hormuz, traffic through the passage has largely dried up amid security concerns.

Speaking at the Raisina Dialogue 2026 in New Delhi on Friday, Iranian Deputy Foreign Minister Saeed Khatibzadeh rejected claims that Tehran had closed the route.

“Iran is an anchor of stability in the Strait of Hormuz. We will announce if we close the Strait of Hormuz. We have not closed it. We are a responsible power," he said.

Khatibzadeh told policymakers and diplomats that Iran had no immediate intention to block the waterway. “We have not yet closed the Strait of Hormuz. We have no intention to do that until further notice," he said, adding that Iran sees itself as a guarantor of maritime stability in the region.

He also argued that Tehran remains committed to international law and freedom of navigation, while accusing the US of endangering maritime security in the Gulf.

(With inputs from agencies)

News india India Looks Beyond Gulf For Energy Supplies As Hormuz Route Blocked Amid Iran-Israel-US War

Read More