No need for panic buying: Oil Cos assure public of ample fuel stocks

NEW DELHI: Indian Oil Corporation (IOC), the nation’s largest oil firm, on Friday said ample stocks of petrol, diesel and cooking gas LPG are available in the country and there is no need for panic buying of fuel.

The statement comes after social media was flooded with posts and videos showing people queuing at petrol pumps to stock fuel as tensions between India and Pakistan escalated. “Indian Oil has ample fuel stocks across the country and our supply lines are operating smoothly,” IOC said in a post on X. “There is no need for panic buying-fuel and LPG are readily available at all our outlets.”

Panic buying was mostly witnessed in states bordering Pakistan. PTI