New Delhi, May 11 -- The union government today sought to reassure citizens amid rising concerns over the escalating West Asia conflict, asserting that India has sufficient reserves of key petroleum products and that there is no reason for panic buying or fear of shortages.

Chairing the fifth meeting of the Informal Group of Ministers (IGoM) on West Asia at Kartavya Bhawan in the national capital, Defence Minister Rajnath Singh reviewed the evolving regional situation and directed ministries to ensure that global disruptions do not impact Indian citizens.

The meeting was attended by union ministers including J. P. Nadda, Hardeep Singh Puri, Ashwini Vaishnaw, Kiren Rijiju, Kinjarapu Rammohan Naidu, Sarbananda Sonowal and Jitendra Singh.

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