Amid escalating tensions in West Asia and concerns over global energy disruptions, the Centre on Wednesday asserted that there was “no supply gap” in petroleum products in India and urged citizens not to indulge in panic buying of fuel or LPG.Reviewing the evolving regional situation at the sixth meeting of the Informal Group of Ministers (IGoM) on West Asia, chaired by Defence Minister Rajnath Singh, the government said India’s energy and fertiliser supplies remained stable despite continuing disruptions linked to the conflict.Officials informed the ministerial group that supplies of petrol and diesel across the country were “fully adequate”, underlining that India, as the world’s fourth-largest refiner, possessed an installed refining capacity of 258.1 million tonnes per annum against domestic consumption of 243.2 million tonnes in the last financial year.India also exports nearly 61.5 million tonnes of petroleum products annually, the meeting was told, reinforcing the government’s position that there was no immediate threat to domestic fuel availability.“The supply situation in the country today is normal,” Rajnath Singh said in a post on X after the meeting, while appealing to citizens to avoid panic purchases of petrol, diesel and LPG.The high-level meeting was attended by several senior ministers, including Hardeep Singh Puri, J P Nadda, Manohar Lal, Ashwini Vaishnaw, Prahlad Joshi and Kiren Rijiju.The government also disclosed that public sector oil marketing companies (OMCs) were currently absorbing losses of nearly Rs 550 crore per day by not fully passing on rising international crude prices to retail consumers during the ongoing crisis.However, officials flagged concerns over industrial consumers allegedly diverting purchases to retail outlets to exploit protected prices, alongside incidents of black marketing by some dealers. The Centre said enforcement measures had been intensified in coordination with state governments and industry bodies.The IGoM also reviewed fertiliser availability ahead of the Kharif sowing season and was informed that stock levels remained “comfortable”.Against an estimated Kharif requirement of 390.54 lakh metric tonnes, the country currently holds about 200.47 lakh metric tonnes — more than 51 per cent of projected demand, significantly higher than normal levels for this time of the year.The government said improved planning, advance stocking and logistics management had helped maintain robust supplies. India has additionally secured substantial imports of DAP, NPK and other fertilisers expected to arrive during May and June.Rajnath Singh directed officials to continue strengthening preparedness amid the evolving geopolitical situation and stressed that fertilisers and other agricultural inputs must remain adequately available to ensure food prices remain stable.The IGoM also noted that MSMEs had appreciated the Emergency Credit Line Guarantee Scheme 5.0, which was helping businesses manage working capital stress during the current uncertainty.