Panic Buying of Fuel in Punjab and Uttarakhand Amid Middle East Conflict Concerns
4 hours agoBusiness
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6 SourcesBathinda, India
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Panic Buying of Fuel in Punjab and Uttarakhand Amid Middle East Conflict Concerns

Amid escalating conflict in the Middle East involving the US, Israel, and Iran, farmers in Punjab and residents in Uttarakhand have begun panic buying and stockpiling diesel, petrol, and gas fearing supply disruptions and price hikes ahead of harvest and sowing seasons. Officials and petroleum dealers across regions have assured that fuel supplies remain stable with adequate reserves, though some warn that prolonged conflict could challenge supply chains. Public concern reflects anxiety over India's dependence on Middle Eastern oil imports.

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