New Delhi: Ministry of Petroleum and Natural Gas has issued a statement on the announcement by US to discontinue the Significant Reduction Exemption to all purchases of crude oil from Iran:

“The Government of India has put in place a robust plan to ensure that there is adequate supply of crude oil to Indian oil refineries from May 2019 onwards. There will be additional supplies from other major oil producing countries from different parts of the world. The Indian refineries are fully prepared without any problem to meet the national demand for petrol, diesel and other petroleum products in the country.”

PIB