In the wake of the end of sanction waivers by the Trump administration for imports of Iranian crude oil, India’s Petroleum and Natural Gas Ministry has officially issued assurances to all domestic refineries that the government will ensure adequate supplies. “The government has put in place a robust plan to ensure adequate supplies of crude oil to oil refineries from May onwards. There will be additional supplies from other major oil producing countries from different parts of the world,” the official statement issued by the Petroleum and Natural Gas Ministry said.
