Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Saturday said there is no shortage of energy in the country, asserting that supplies of crude oil, LPG and natural gas remain comfortable despite concerns arising from the Iran conflict.Speaking to reporters in Ludhiana, Puri said India has sufficient reserves to meet energy requirements and has also reduced its dependence on LPG imports by boosting domestic production, PTI reported.Replying to a question on fuel availability, he said, “We have a stock of crude oil for over 60 days, we have natural gas stock for over 60 days.”On LPG supplies, he said the situation was also comfortable.For example, if 80,000 metric tonnes of LPG were consumed daily, domestic production, which earlier stood at 32,000 metric tonnes per day, has now increased to 54,000 metric tonnes, helping reduce import dependence, he said.He added that India currently has LPG stocks sufficient for 75-80 days.“We have a maximum stock of LPG which is 75-80 days of stock,” he said.Puri said oil prices had risen globally following the Iran conflict, but India had managed to keep domestic fuel prices under control.Sharing data for the period between May 2022 and May 2026, he said petrol prices rose 70 per cent in Pakistan, 66 per cent in Sri Lanka, 47 per cent in France, 46 per cent in Italy, 36 per cent in Bangladesh and 35 per cent in the US.“In India between May 2022 and May 2026, prices dropped by 3.1 per cent. On one hand, prices rose by 70-80 per cent in the world, but here (Prime Minister Narendra) Modi ji reduced prices by 3.1 per cent,” he said.Explaining the decline, Puri said fuel prices were lowered after the Centre reduced excise duty on three occasions — in November 2021, May 2022 and again recently.“A few weeks ago, excise duty on petrol and diesel was reduced by Rs 10 a litre,” he said, adding that the move imposed an additional burden of Rs 1 lakh crore on the budget.“But the PM did not want people to face any financial burden,” he said.“When we raised petrol and diesel prices, how much did it increase? Fuel prices rose by Rs 7.60 a litre,” he said, adding that besides Japan, India had recorded the lowest increase in fuel prices.Responding to a question on the cap of 200 litres a day on diesel sales, Puri said the restriction was introduced to curb black marketing.On the government’s push towards alternative fuels, he said there are currently 47 E85 fuel pumps in the National Capital Region.According to the minister, the number will rise to 500 by December 2026 and further expand to 5,000 by December 2027.Puri also said LPG connection holders are being encouraged to shift to piped natural gas wherever possible.On the killing of three Indian seafarers in a US military strike on a merchant vessel in the Gulf of Oman, he said India had lodged a strong protest.India summoned the US Charge d’Affaires twice, while External Affairs Minister S. Jaishankar raised the issue with Marco Rubio, he added.