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Is the cost of maintaining India’s strategic petroleum reserves justified?
The drastic and sudden drop in Venezuelan and Iranian oil exports to India in 2019-2020, due to the looming threat of US secondary sanctions, is the latest supply chain disruption to India’s energy security. To avoid similar disruptions in the future, India must act decisively to increase its Strategic Petroleum Reserves to meet at least 90 days of emergency oil stocks, and combine lobbying efforts between India’s private and public oil compa
सध्या कच्चे तेल हा महत्त्वाचा ऊर्जास्त्रोत असून, त्याच्या साठ्यांची देखभाल ही न्याय्य आहे. पण, भविष्यात याचे गंभीर परिणाम दिसू शकतात.
