India says it has about 60 days of crude oil and natural gas and 45 days of liquefied petroleum gas stocks, while state-backed fuel retailers absorb heavy daily losses to hold prices steady.
The Indian government said there is no fuel shortage despite the war in West Asia, stating that the country holds around 60 days of crude oil and natural gas supplies and about 45 days of liquefied petroleum gas, or LPG, stocks. The update indicates that authorities are trying to reassure consumers about energy availability during a period of geopolitical disruption. The report also said oil marketing companies are losing nearly ₹1,000 crore per day to keep fuel prices stable, highlighting the financial strain that can emerge when governments or state-linked fuel sellers limit pass-through from global energy prices to domestic consumers.