The shadow of the conflict in the Middle East is now beginning to fall on the world's oil and gas supply.
Because of this, the crisis is increasing in many other countries besides India. On the evening of March 9, there was a tremendous stir in the international oil and gas market. The root of this is the disruption of the supply of oil coming through the Strait of Hormuz.
But amid discussions over the shortage of oil and gas supply in India, Oil Minister Hardeep Singh Puri has said that there is "no scarcity" of gas supply for domestic consumers and there is "no need to panic".
Amid the US and Israeli air strikes on Iran, Iran has disrupted the movement of oil tankers through the Strait of Hormuz. This route supplies oil and gas to many countries, including China, Japan and India. The situation has changed rapidly in the last 24 hours.
New Delhi Amid complaints from the restaurant industry in India that the supply of commercial cooking cylinders is being hampered, the Indian Petroleum Minister has promised uninterrupted supply.
