India’s crude oil supply remains secure with about 70% of imports now routed outside the Strait of Hormuz due to diversified sourcing from around 40 countries, the government said at an inter-ministerial briefing on Wednesday.
Officials added that additional crude and LNG cargoes have been secured to offset disruptions, while refineries are operating at high capacity. India imports around 60% of its LPG consumption, most of which normally passes through the Strait of Hormuz, but domestic LPG production has been increased by about 25% through government measures to maintain supply.
Authorities are also monitoring maritime safety, with 28 Indian-flagged vessels in the Persian Gulf under surveillance, while port operations and trade activities across India remain stable.