The government has reduced excise duty on petrol and diesel by Rs 10 per litre amid global energy supply concerns.
PM Modi told Parliament that India has sufficient crude oil reserves and diversified energy imports as the Iran war disrupts global trade routes and energy supply...
A Russian oil tanker bound for China has been diverted to India as Middle East tensions disrupt global energy supply chains.
Rajnath Singh says the Iran–Israel conflict shows how abnormal situations are becoming routine, warning of risks to global energy supply through the Strait of Hormuz.