During his speech, Gandhi took a jibe at the central government and the Minister of Petroleum Hardeep Puri for allegedly compromising India's stance to buy oil.

During his speech, Gandhi took a jibe at the central government and the Minister of Petroleum Hardeep Puri for allegedly compromising India's stance to buy oil.

India currently consumes about 5.8 million barrels of crude oil per day, with nearly 88 per cent of that demand met through imports. A large portion of these supplies typically comes from Middle Eastern producers such as Saudi Arabia, Iraq and the United Arab Emirates.

The Middle East war is creating the biggest oil supply shock in history, the International Energy Agency warned Thursday, as Iran launched a new wave of attacks against Gulf energy targets that sent prices spiking above $100 a barrel.