The government's thanked people for not stockpiling fuel after recent price hikes.
In a statement, it says it's in regular contact with suppliers, and there is no issue with fuel supplies to the Island.
It adds the Economic and National Strategy Board is meeting weekly to keep an eye on the situation as the war in the Middle East continues.
Treasury Minister Chris Thomas is due to make a statement in Tynwald this month outlining the government's economic response.
Peel ready for bonfire and fireworks later
Government: "UK never told us about child murderer"
Farm shop's newest worker needs your name suggestions
Bus Vannin gives update on staffing problems and routes affected today
Toilets vandalised for fourth time in a month
Poppy gets fur-ever home after sparking rescue operation in Douglas
Council gets eight complaints about James Brown in six months
More bus staffing problems this weekend