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Monday, 2 March 2026

News Update : Oil supply in trouble? Centre holds key meet as Iran attacks Saudi Arabia, Qatar - TOI BUSINESS DESK

India is closely monitoring its crude oil and fuel supply amid escalating Middle East tensions. The government assures domestic availability and affordability of petroleum products. Disruptions in Qatar's LNG production and Saudi Arabia's oil refinery have already impacted global markets, with European gas prices surging. India is closely monitoring its crude oil and fuel supply amid escalating Middle East tensions. The government assures domestic availability and affordability of petroleum products. Disruptions in Qatar's LNG production and Saudi Arabia's oil refinery have already impacted global markets, with European gas prices surging. Source: https://timesofindia.indiatimes.com/business/india-business/india-assesses-oil-availability-as-west-asia-crisis-deepens-assures-affordability/articleshow/128948963.cms Date: 2026-03-02T14:16:10.000Z

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