India Holds 25 Days of Oil Stocks, No Immediate Fuel Price Hike Planned Amid Strait of Hormuz Closure

India currently holds about 25 days of crude oil and refined product stocks, with strategic reserves potentially extending supply to 40-45 days amid disruptions like the Strait of Hormuz closure. The government has no immediate plans to raise fuel prices and is exploring alternative sources for crude oil, LPG, and LNG imports. While India’s reserves are lower than countries like China, officials describe the situation as reasonably comfortable despite regional tensions affecting energy infrastructure and supply routes.