India well-placed to deal with any situation on crude oil, fuel amid West Asia supply shock: Goyal

MUMBAI: (Mar 15) Union Minister Piyush Goyal on Saturday said India is well-placed to deal with any situation on crude oil and fuel, as the West Asia crisis disrupts gas shipments and shipping routes, and highlighted that the government has ramped up kerosene production to provide an alternate option for the common man.

Speaking at the CNBC-TV18 India Business Leaders Awards 2026 ceremony, Goyal said the government plans to come up with some “concrete agenda” next week to support exporters.

“On crude oil, on fuel, we are pretty well placed. We have good stocks in hand. There's been absolutely no disturbance of any sort on the crude or the fuel front, petrol, diesel, aviation fuel,” Goyal said.