Sujata Sharma, Joint Secretary, India’s Ministry of Petroleum Natural Gas said on Thursday, 11 June, 2026 that India has over two months of reserves left of petrol and diesel in the country after Iran had ealier declared that the Strait of Hormuz was closed. Sharma added that there is a stable supply of crude oil, petrol, diesel, LPG and natural gas. Govt adds over 9 lakh new PNG customers Sharma also said that since March, 9.44 lakh new PNG customers have been registered in the country. She added that in the last three days, there has been deliveries of 1.49 crore LPG cylinders and bookings of 1.40 crore domestic cooking gas cylinders. 1.51 lakh 5 kg cylinders sold in 3 days She further added that 1.51 lakh new 5 kg cylinders were sold in the last three days. Only ID proof is required for the procurement of 5 kg cylinders. Fertlizer security remains as strong as ever in India: Govt Department of fertilizers’ Aparna Sharma said the fertilizer stock position is comfortable in the country. Long-term supply agreements have played a great role in keeping the supply stable. Fertilizer security remains as strong as ever. Sharma added that India might import fertilizers if there is any need during the upcoming Kharif season. More and more farmers continue to shift towards organic farming: Govt According to Sharma, farmers in India have purchased 11.38 mmt worth of organic manure and other types of fertilizers. From where does India buy crude oil? According to energy tracking firm Kpler, Venezuela overtook both Saudi Arabia and the United States in May 2026, with only Russia and the UAE supplying more crude to India. This follows the easing of certain US restrictions on Venezuelan oil exports after the capture of President Nicolás Maduro in January. As a result, shipments of Venezuelan crude to India resumed in April after a prolonged hiatus. According to Kpler data, India imported around 4.17 lakh barrels per day of crude oil from Venezuela in May, compared with 2.83 lakh barrels per day in April. This follows a nine-month period during which Indian refiners did not purchase Venezuelan crude at all. Post navigation Wipro share buyback window opens:Chance for common man to get 40% return by selling company’s shares
