Strait of Hormuz Crisis: Why India’s Fuel Supply Has Remained Stable So Far

Despite the global energy market disruption caused by the closure of the Strait of Hormuz, India has maintained stable fuel supplies by diversifying crude oil imports and increasing purchases from multiple global sources. Indian government pricing strategies, refinery adjustments, and inventory management have helped shield consumers from the full impact of rising oil prices. However, India’s limited strategic petroleum reserves pose a vulnerability to prolonged supply shocks.