New Delhi,

The rumors spread rapidly on social media and shook the entire country. After the news of shortage of petrol and diesel and huge rise in prices amid increasing tension in West Asia went viral, people in many cities of the country created a race to get their tanks filled. There were hours-long queues at petrol pumps in many states including Gujarat, Madhya Pradesh, Telangana, Uttar Pradesh, Rajasthan and Maharashtra. At some places, drivers were seen standing in queues since 5 in the morning.

Long queues of hundreds of vehicles are clearly visible in viral videos and pictures from cities like Ahmedabad, Vadodara, Surat, Rajkot, Hyderabad, Indore, Bhopal, Prayagraj, Nagpur and Hyderabad. ‘NO STOCK’ boards were put up at many pumps, while at some places people were seen filling petrol and diesel in drums, cans, bottles and even milk cartons. Panic buying led to sales at some pumps 3-4 times higher than normal, leading to a temporary stock-out situation.

Where is the impact of rumour?

The government and oil companies (Bharat Petroleum, Indian Oil, Hindustan Petroleum) immediately clarified that there is no shortage of petrol, diesel and LPG in the country. Supplies are completely normal and adequate stock is available. Despite Middle East tensions, India’s fuel security remains strong and some ships passing through the Strait of Hormuz have also arrived safely.

Oil companies appealed that citizens should not pay attention to rumors and avoid panic buying. Unnecessary hoardings are increasing crowding at pumps, which can create real problems. In some states, the administration has instructed pump operators to make queue arrangements and limit sales.

Government’s assurance:

The Petroleum Ministry and oil marketing companies said, “The supply chain is running smoothly. The rumors are completely baseless. Please continue normal consumption and avoid fake news being spread on social media.”

Experts believe that the Middle East conflict has led to a surge in global crude oil prices, but there is no immediate major impact on the domestic market as India has adequate storage and diverse import sources. Nevertheless, it is advised to be cautious if stress persists for a long time.

The situation is under control for now, but the rumors have once again shown how quickly social media can spread panic. The appeal to consumers is to remain calm, refuel as per requirement and trust official sources.