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flag India’s oil reserves at 64% capacity, with expansion plans to boost security amid global supply risks.

flag India’s strategic oil reserves are at 64% capacity, holding about 3.37 million tonnes of crude across three facilities, with plans to add 6.5 million tonnes through new projects in Odisha and Karnataka. flag The reserves, designed to cover roughly 9.5 days of domestic supply, are part of a broader energy security strategy amid global disruptions, especially near the Strait of Hormuz. flag India, the world’s third-largest oil importer, now sources crude from 41 countries, including the U.S., Brazil, Canada, and West Africa, reducing reliance on the Middle East. flag The government emphasizes diversification, domestic production, and clean energy initiatives to mitigate supply risks and economic impacts.

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