Union Minister for Petroleum and Pure Gasoline Hardeep Singh Puri assured residents on Sunday that the gasoline provide of India stays secure and safe. The current assertion of Puri comes after Iran introduced a transfer to shut the Strait of Hormuz, a key international oil delivery route.

Puri, in a submit on X, mentioned India intently monitored the evolving geopolitical scenario for the previous two weeks and has taken steps beneath the management of Prime Minister Narendra Modi to diversify the power imports.

“Now we have diversified our provides previously few years and a big quantity of our provides don’t come via the Strait of Hormuz now,” Puri wrote on X.

“Our Oil Advertising and marketing Corporations have provides of a number of weeks and proceed to obtain power provides from a number of routes. We are going to take all obligatory steps to make sure stability of provides of gasoline to our residents,” he added.

Now we have been intently monitoring the evolving geopolitical scenario within the Center East because the previous two weeks. Below the management of PM @narendramodi Ji, we now have diversified our provides previously few years and a big quantity of our provides don’t come via the Strait…

— Hardeep Singh Puri (@HardeepSPuri) June 22, 2025

The Parliament of Iran authorised on Sunday a measure to shut the Strait of Hormuz following the US airstrikes on its nuclear websites — Fordow, Natanz, and Isfahan. The Strait of Hormuz, which Iran is threatening to close down following US strikes on its nuclear amenities, is a crucial transit for oil coming from the Center East. About 2 million barrels per day (bpd) of crude oil out of India’s whole import of 5.5 million bpd transits via the slim waterway. Nonetheless, India has diversified sources – from Russia to the US and Brazil – which might readily fill any void. Russian oil is logistically indifferent from the Strait of Hormuz, flowing through the Suez Canal, Cape of Good Hope, or Pacific Ocean. Even the US, West African, and Latin American flows – although costlier – are more and more viable backup choices. Our Oil Advertising and marketing Corporations have provides for a number of weeks and proceed to obtain power provides from a number of routes.

News18 sources warned that the strait’s closure might choke 20–25% of the world’s oil and 30% of world LNG commerce, main to grease costs taking pictures as much as $200–$300 per barrel, and it might severely affect the worldwide financial system.

Earlier, Prime Minister Narendra Modi on Sunday held a 45-minute cellphone dialog with Iranian President Masoud Pezeshkian. He expressed deep issues over the current escalations and burdened the significance of dialogue, diplomacy, and rapid de-escalation.

(With inputs from companies.)