Long queues were seen at petrol pumps across Gujarat on March 24 as panic buying set in amid fears…
Long queues were seen at petrol pumps across Gujarat on March 24 as panic buying set in amid fears of fuel shortages. Police assisted staff in managing crowds and urged people not to believe rumours about supply disruptions. Concerns stem from the ongoing conflict affecting shipments through the Strait of Hormuz, a key route for India’s energy imports. With the country heavily dependent on imported crude and LPG, refiners have also turned to increased purchases of Russian oil after sanctions were eased to stabilise supplies and prices.
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