Government trying to procure gas, crude oil from all possible sources: PM Modi

Prime Minister Narendra Modi on Tuesday (March 24, 2026) said the government is trying to procure gas and crude oil from all available sources, and efforts will continue in the coming days as the war in West Asia has created a serious energy crisis globally.

In a statement in the Rajya Sabha, Modi said the war in West Asia is a cause of concern, and India wants peace in the region through dialogue and diplomacy.

Also Read | Rahul Gandhi says India’s silence on Iran attack diminishes country’s global standing

India’s aim is de-escalation of the war and opening of Strait of Hormuz, he said, adding the country’s attempt is to encourage all sections to peacefully resolve all issues.

If the West Asia crisis persists for a longer period, serious consequences are imminent, the Prime Minister said.

Follow the Parliament Budget Session LIVE

Commenting on India’s efforts for energy security, he said in the past 11 years, 53 lakh MT strategic oil reserves have been created; work on 65 lakh MT additional capacity is on.

Besides, the government has started a ₹70,000-crore project to manufacture ships, he added.