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Modi Reviews Energy, Fertiliser Supply Amid West Asia Conflict Disruptions

Prime Minister Narendra Modi chaired a high-level meeting to review the supply of petroleum, gas, power, and fertiliser amid the ongoing West Asia conflict. The conflict, now in its fourth week, has disrupted key trade routes like the Strait of Hormuz, leading to a 25% surge in industrial diesel prices. Indian authorities report that all 22 Indian ships and 611 sailors in the Persian Gulf are safe, with no port congestion. The New Mangalore Port has waived cargo charges for crude oil and LPG to help mitigate supply chain impacts.

Key Points: Modi Chairs Meeting on Energy, Fertiliser Supply Amid Conflict

  • PM reviews essential supply chains
  • Conflict disrupts Strait of Hormuz trade
  • Diesel prices surge 25%
  • Indian ships and sailors confirmed safe
  • Port waivers issued for crude and LPG
2 min read

PM Modi chairs meeting to review energy, fertiliser supply amid West Asia Conflict

PM Modi reviews supply chains for oil, gas, power & fertiliser as West Asia conflict disrupts trade, spikes diesel prices by 25%.

"All our 22 ships and 611 Indian sailors in the Persian Gulf region are safe - Shipping Ministry official"

New Delhi, March 22

Prime Minister Narendra Modi on Sunday chaired a high-level meeting in the national capital to review the situation related to petroleum, crude, gas, power, and fertiliser sectors amid the evolving West Asia conflict situation.

The discussion focused on ensuring uninterrupted supply, stable logistics, and efficient distribution of essential resources across the country.

The conflict in West Asia has entered its fourth week, disrupting trade routes through the Strait of Hormuz. Tensions escalated following the killing of 86-year-old Iran's Supreme Leader, Ayatollah Ali Khamenei, in joint military strikes by the US and Israel on February 28.

In retaliation, Iran targeted Israeli and US assets across several Gulf countries, causing further disruptions to the waterway and impacting international energy markets as well as global economic stability.

Meanwhile, due to conflict, the prices of industrial diesel have also increased by 25 per cent from Rs 87.67/ltr to Rs 109.59/ltr.

Earlier today, a cargo ship carrying Liquefied Petroleum Gas (LPG) from Texas, United States, arrived at the New Mangalore Port in Mangaluru.

On Friday, the Shipping Ministry informed that New Mangalore Port has waived cargo-related charges for crude oil and LPG from March 14 to 31. It also said that there is no congestion reported at any port.

In an interministerial briefing, Special Secretary of the Shipping Ministry, Rajesh Kumar Sinha, also said all 22 Indian ships and 611 sailors in the Persian Gulf are safe amid the West Asia conflict.

"There has been no report of any maritime incident in the last 24 hours. All our 22 ships and 611 Indian sailors in the Persian Gulf region are safe, and we are continuously monitoring them... There is no congestion in any port...New Mangalore Port has issued a circular for waiver of all cargo-related charges for crude and LPG, which is valid from 14 March to 31 March," the Shipping Ministry official said.

- ANI

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Reader Comments

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Priyanka N
Most importantly, all our sailors are safe! 🙏 That's a huge relief for their families. The government's monitoring is commendable. Now, please ensure fertiliser supply for the upcoming Kharif season isn't affected. Our farmers can't bear another shock.
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Aman W
These global conflicts always end up hurting economies like ours the most. While the meeting is good, we need long-term energy independence. Fast-track solar, wind, and our own oil exploration. Can't rely on unstable regions forever.
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Sarah B
Working in logistics, the "no congestion at ports" claim is crucial. If that holds true, it means the supply chain machinery is working smoothly despite the headlines. The real test will be maintaining LPG cylinder supplies for households.
K
Karthik V
Respectfully, a review meeting is just the first step. We need transparency on the contingency plans. How much buffer stock do we have for diesel, LPG, and fertilisers? The public deserves to know, not just hear about meetings.
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Meera T
The focus on stable logistics is key. Remember the container crisis a few years back? Hope lessons were learned. Good to see action on waiving charges to keep imports flowing. Jai Hind! 🇮🇳

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