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Energy, Oil & Shipping

India's Crude-Oil Storage Strategy: Are We Doing Enough?

India's strategic caverns can hold 5.33 MMT, but verified physical inventory was about 21.4 million barrels in March 2025—roughly 4.3 days using FY2025–26 crude imports. A stronger reserve requires auditable stocks, enforceable emergency rights and a funded expansion plan.

Nitish Jindal26 September 202613 min read

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