India prepares contingency plans as Strait of Hormuz tensions threaten oil supply

India is developing contingency plans to secure its oil and fuel supplies amid uncertainty and potential disruptions in the Strait of Hormuz, a critical shipping route. The country currently holds about 25 days of crude oil reserves and similar stocks of petrol and diesel. Reports indicate hundreds of tankers are experiencing delays in the region, prompting concerns about potential fuel rationing and supply shortages.