{"id":28343,"date":"2026-09-24T20:36:43","date_gmt":"2026-09-24T20:36:43","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=28343"},"modified":"2026-09-24T20:36:43","modified_gmt":"2026-09-24T20:36:43","slug":"west-asia-crisis-not-over-may-worsen-hardeep-singh-puri","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=28343","title":{"rendered":"West Asia crisis not over, may worsen: Hardeep Singh Puri"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-134469772,imgsize-108512,width-400,height-225,resizemode-4\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg\" alt=\"West Asia crisis not over, may worsen: Hardeep Singh Puri\" title=\"Hardeep Singh Puri\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>NEW DELHI: Petroleum minister <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/hardeep-singh-puri\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" target=\"_blank\" rel=\"noopener\">Hardeep Singh Puri<\/a> on Thursday said the West Asia crisis was not over and had the potential to worsen.<span class=\"id-r-component br\" data-pos=\"3\"\/>The minister, however, added that despite the current situation, ample availability of crude oil globally provides some relief. <!-- -->\u201cThe crisis is certainly not over. In fact, the crisis is not only ongoing, but it has the potential of actually exacerbating.<!-- --> In other words, the crisis could get more serious,\u201d Puri said at PAFI\u2019s 13th Annual Forum.<span class=\"id-r-component br\" data-pos=\"8\"\/>\u201cThe total quantum of crude available in the world today is around 102 million barrels a day, whereas our requirement is only about 94-95 mbd. So there is no shortage per se of crude,\u201d Puri said.<span class=\"id-r-component br\" data-pos=\"11\"\/>The bigger concern, Puri said, was a simultaneous disruption of the Strait of Hormuz and other key energy routes such as the Red Sea, which could severely choke global energy supplies despite the availability of alternative routes.<span class=\"id-r-component br\" data-pos=\"15\"\/>Highlighting that India has been expanding its refining capacity, which is expected to reach 310-320 million tonnes per annum by 2030, up from its current level of about 267 million tonnes, Puri said the United Arab Emirates and Saudi Arabia have shown interest in investing in India\u2019s refining sector.<span class=\"id-r-component br\" data-pos=\"17\"\/>\u201cNobody wants to come and invest in a refinery unless they can also get a slice of your growing downstream market,\u201d the minister said, adding that building a refinery costs about Rs 78,000-80,000 crore.<span class=\"id-r-component br\" data-pos=\"19\"\/>\u201cSo yeah, they\u2019re very keen on these investments\u201d, he said.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/west-asia-crisis-not-over-may-worsen-puri\/articleshow\/134469757.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Petroleum minister Hardeep Singh Puri on Thursday said the West Asia crisis was not over and had the potential to worsen.The minister, however, added that despite the current situation, ample availability of crude oil globally provides some relief. \u201cThe crisis is certainly not over. In fact, the crisis is not only ongoing, but [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":28344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-28343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"NEW DELHI: Petroleum minister Hardeep Singh Puri on Thursday said the West Asia crisis was not over and had the potential to worsen.The minister, however, added that despite the current situation, ample availability of crude oil globally provides some relief. \u201cThe crisis is certainly not over. In fact, the crisis is not only ongoing, but [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":2,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/09\/minister-of-petroleum-and-natural-gas-of-india-hardeep-singh-puri.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/28343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28343"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/28343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/28344"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}