“No Shortages, No Dry Outs”: Hardeep Puri on India’s Energy Security Amid Global Turmoil

Petroleum Minister Hardeep Singh Puri says India has navigated global energy disruptions without fuel shortages or supply dry-outs. Addressing concerns over tensions around the Strait of Hormuz and the Red Sea, Puri highlighted India’s strategy of diversifying crude oil sources and expanding refining capacity. He said India imports more than five million barrels of oil per day while also exporting around one million barrels of refined products. Puri also indicated that India is examining available supply options as Venezuelan oil returns to the market, while declining to speculate on hypothetical scenarios involving Russian oil imports and US tariffs. Watch for the minister’s key remarks on India’s energy security.