Cork, June 22 -- Amid Iran's plan to close the Strait of Hormuz, one of the most strategically vital chokepoints in the world connecting the Persian Gulf and the Gulf of Oman, Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Sunday asserted that the Centre will take "all necessary measures" to ensure affordability and the "stability of supplies of fuel."

"The Modi government has, over the past several years, not only ensured the stability of supplies but also affordability. We will take all necessary measures to ensure that," Puri told ANI.

The Union Minister said that the consequences of the Strait of Hormuz's closure would be factored in after markets open on Monday. However, he added that there was enough oil available ...