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Oil shock incoming? How the Iran-US conflict could hit global fuel prices

India has purchased 60 million barrels of Russian oil for April delivery, Bloomberg reports.

Advantage of having a world largest refinery that can Refine any type of crude . absolutely cinema :inti :klopp :kp
 
India has purchased 60 million barrels of Russian oil for April delivery, Bloomberg reports.

Advantage of having a world largest refinery that can Refine any type of crude . absolutely cinema :inti :klopp :kp
We will but as much as possible from Iran and russia before the things settle down.very responsible country 😀
 
Yes some deshdrohi :inti elements trying to spread Fake Propaganda.Tune ke rakho inko :klopp :kp




But of course, everything is just "propaganda" and "agenda", right? Sometimes I genuinely wonder whether people like @Devadwal are real or just poorly coded bots from Feku's party, completely detached from reality. We heard the exact same narrative during COVID too. Grow up and accept the reality. :facepalm :inti
 
Deshdrohi are forgetting some people's panicking doens't means india is shortage of fuel.

But expecting sanity from these 🤡 is too much. Idiots

: :inti :klopp :kp
 
Deshdrohi are forgetting some people's panicking doens't means india is shortage of fuel.

But expecting sanity from these 🤡 is too much. Idiots

: :inti :klopp :kp
Lines at almost all pumps I passed today were crazy. There's definitely a lot of panic around.

I asked my cab driver today and he says there is gossip from the Pump employees that they've been told supplies will be slower and there will be rationing. Nothing official so far though.
 
India uses 5.6 million barrels per day. There will still be a shortage unless they can get more oil from the Russians
We are buying Russian, now Iranian, Saudi, American and many other available source etc. We are not dependent on single country. .

I'm more fear about LNG rather than oil. .. as of now no shortage for anything.

:kp
 
India is worried more about LPG than oil. Oil can be purchased from Russia and Iran. India can supply medicine and medical equipments to Iran for the oil purchase
 
Never seen a fuel crisis in UK.

But I've seen rumours of one.

And the rumours are often enough to get everyone to the pumps filling up their cans.

Which causes a mini-crisis itself.

I imagine that most of what is happening in India is driven by panic, rather than actual shortages at this stage.
 
This is the exact issue.

Those agenda articles create unnecessary panic even exacerbating situations.


It is creating unnecessary panic among citizens which the likes of you want.

There has been a change in the norms as refiners and dealers stopped giving credit to retail outlets which delayed supply in non-state owned petrol bunks. Added to this, the panic driven buying itself creates 2-3X demand to the normal situation which makes the bunks dry early.

If the petrol availability really shrinks, we will know in the future but as of know the situation is panic-driven rather than supply driven. Which exactly brings to the point of narratives.
 
But but but.. there is no shortage in india but but but Modi did that but but but Ships have arrived in india with fuel...But but but
 
Indians are out ton the streets like beggars for some oil and gas. If you want some you just have to request Pakistan and say please help us and we will help you for the sake of humanity even thought most of you don;t behave humanely.
 
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