{"id":5324,"date":"2026-03-07T12:31:40","date_gmt":"2026-03-07T12:31:40","guid":{"rendered":"https:\/\/d.sheep-mine.ts.net\/?p=5324"},"modified":"2026-03-07T12:31:40","modified_gmt":"2026-03-07T12:31:40","slug":"129212510-cms","status":"publish","type":"post","link":"https:\/\/d.sheep-mine.ts.net\/?p=5324","title":{"rendered":"&#8216;India\u2019s energy stock position improving&#8217;: Govt says petrol and diesel prices will not rise &#8211; The Times of India"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"MwN2O\">\n<div class=\"vdo_embedd\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ \" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-129212539,imgsize-1140699,width-400,resizemode-4\/-.jpg\" alt=\"'India\u2019s energy stock position improving': Govt says petrol and diesel prices will not rise\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Amid concerns over global oil supply disruptions due to tensions in MIddle East, government sources on Saturday said India\u2019s energy stock position is improving, adding that the situation has strengthened confidence about fuel supply stability in the country.<span class=\"id-r-component br\" data-pos=\"2\"\/>According to government sources, the improvement in energy availability has reinforced the Centre\u2019s position that petrol and diesel prices will not increase.<span class=\"id-r-component br\" data-pos=\"4\"\/>\u201cEnergy stock position of India is improving. As the situation is improving, that is giving us greater confidence,\u201d government sources said.<span class=\"id-r-component br\" data-pos=\"6\"\/>This came after the price of a 14.2-kg domestic LPG cylinder has been raised by Rs 60, while the 19-kg commercial cylinder now costs Rs 115 more, with the revised rates coming into effect from Saturday, March 7.<span class=\"id-r-component br\" data-pos=\"10\"\/><span class=\"id-r-component br\" data-pos=\"12\"\/>Officials also indicated that India has increased diversification of its crude oil imports to reduce reliance on the Strait of Hormuz, a critical shipping route that has faced disruptions amid the ongoing conflict in the region.<span class=\"id-r-component br\" data-pos=\"14\"\/>Sources said that India has ramped up about 10 per cent of its crude imports from sources outside the Strait of Hormuz. As a result, the share of crude sourced from alternative routes has increased from around 60 per cent to nearly 70 per cent.<span class=\"id-r-component br\" data-pos=\"17\"\/>The move is aimed at strengthening India\u2019s energy security and ensuring stable supplies despite volatility in global oil markets.<span class=\"id-r-component br\" data-pos=\"19\"\/>Responding to allegations by the Congress regarding a rise in LPG prices, government sources said the claims were misleading.<span class=\"id-r-component br\" data-pos=\"21\"\/>\u201cTheir allegation is completely baseless. This was only said for petrol and diesel. It was not in reference to LPG. Today we again assure that prices of Petrol and Diesel will not increase,\u201d the sources said.<span class=\"id-r-component br\" data-pos=\"24\"\/>Officials added that the government continues to closely monitor developments in the global energy market while ensuring adequate domestic fuel supplies.<span class=\"id-r-component br\" data-pos=\"26\"\/>Earlier, Congress leader Pawan Khera attacked the government over the increase in domestic and commercial LPG prices, questioning earlier assurances by petroleum minister Hardeep Singh Puri on fuel affordability.<span class=\"id-r-component br\" data-pos=\"28\"\/><span class=\"id-r-component br\" data-pos=\"30\"\/>\u201cYesterday, @HardeepSPuri said: \u2018Our priority is to ensure availability of affordable and sustainable fuel for our citizens, and we are doing it comfortably.\u2019 <!-- -->Today, domestic LPG prices have been hiked by Rs 60, and commercial cylinder prices by Rs 115. Never believe a word of what Hardeep Singh Puri says\u2026\u2026,&#8221; Khera wrote in a post on X.<span class=\"id-r-component br\" data-pos=\"34\"\/>On Friday, Union minister for petroleum and natural gas Hardeep Singh Puri has sought to reassure consumers about energy availability, saying there is \u201cno shortage&#8221; of energy in India.<span class=\"id-r-component br\" data-pos=\"36\"\/>Also, US has issued a 30-day waiver allowing India to continue purchasing Russian oil, saying the move is aimed at stabilising global energy supplies.<span class=\"id-r-component br\" data-pos=\"38\"\/> \u201cTo enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil,\u201d US Treasury Secretary Scott Bessent posted on X.<span class=\"id-r-component br\" data-pos=\"40\"\/><\/div>\n\n<p><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/indias-energy-stock-position-improving-govt-says-petrol-and-diesel-prices-will-not-rise\/articleshow\/129212510.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid concerns over global oil supply disruptions due to tensions in MIddle East, government sources&#8230;<\/p>\n","protected":false},"author":1,"featured_media":5325,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2408,14310,14309,12491,8326],"class_list":["post-5324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-energy-security","tag-global-oil-supply-disruptions","tag-india-energy-stock","tag-petrol-and-diesel-prices","tag-strait-of-hormuz"],"_links":{"self":[{"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/posts\/5324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5324"}],"version-history":[{"count":0,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/posts\/5324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=\/wp\/v2\/media\/5325"}],"wp:attachment":[{"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/d.sheep-mine.ts.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}