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Middle east conflict: No need for worry over availability of petroleum products, says Kishan Reddy

Summary by NewsDrum
Hyderabad, Mar 3 (PTI) Union Coal and Mines Minister G Kishan Reddy on Tuesday said citizens need not worry about availability of petroleum products in the country due to the ongoing armed conflict in West Asia. In a statement here, he said the country is prepared to face the circumstances arising out of the crisis. India is the fourth largest refiner and fifth largest exporter of petroleum products globally. Though the country is the third lar…

13 Articles

Center

Roland Lescure and the Governor of the Banque de France François Villeroy de Galhau were reassuring about the war in the Middle East, while claiming to follow the situation "very closely"

·France
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Left

Iran's decision to block the Strait of Ormuz raises concerns about a lack of gas. The Minister of Economy says that there is no shortage to be feared at the moment.

·Paris, France
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Center

In the context of the war in the Middle East, the French government wants to be reassuring. No risk of short-term gas or gasoline supplies, despite "economic and financial uncertainties". A crisis cell closely follows the situation.

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Lean Left

Bercy follows every day "the evolution of financial markets, economic indicators and, of course, energy markets", said the Minister on Tuesday.

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Center

In spite of the war in the Middle East, which entered its fourth day, "there is no risk of short-term supply" in France "neither on gas, nor on petrol", assured the Minister of Economy Roland Lescue. To monitor the situation, a crisis cell will meet daily in Bercy. - War in the Middle East: "no risk" of short-term gas or gasoline shortages in France (International).

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Lean Right

The Bank of France, for its part, monitors developments in the financial and energy markets in a context of strong geopolitical tensions in the Middle East.

·Paris, France
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Capital.fr broke the news in on Monday, March 2, 2026.
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