India well placed to handle fuel supply risks amid West Asia crisis: Goyal

Union Minister Piyush Goyal stated that India is well-prepared to manage crude oil and fuel supply amid the West Asia crisis, with good stock levels and increased kerosene production as an alternative for consumers. He announced plans for a concrete agenda to support exporters and emphasized the need to diversify gas supply sources, including imports from Canada, the US, and Russia. Goyal acknowledged potential short-term economic stress but expressed confidence in India's resilience and continued growth as a leading economy. He also mentioned ongoing dialogues with stakeholders to address export challenges.