Indian Oil Ensures Uninterrupted Fuel Supplies Amid Global Disruptions
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri praised Indian Oil Corporation (IOC) for maintaining uninterrupted fuel supplies across India despite global disruptions in the energy market. The minister made his comments on the occasion of IndianOil Day, highlighting the company's role in ensuring energy security amid ongoing global crises.
Puri noted that India's oil marketing companies have absorbed the impact of global disruptions while continuing to import energy and ensure consumers receive fuel without interruption. He said not a single retail outlet ran dry due to the efforts of IOC and other OMCs.
The minister emphasized Indian Oil's role in protecting consumers from the impact of global supply-chain disruptions, particularly those arising from the situation around the Strait of Hormuz. By keeping fuel prices steady despite mounting costs, IOC has shielded millions of citizens from the full impact of global shocks, Puri said.