Скачать или смотреть Iran War: India Has Crude Oil Stock For 10 Days | Fuel For 5-7 Days Amid Iran Strait Threat

India has adequate fuel and crude oil reserves to withstand potential disruptions from Iran's threats to close the Strait of Hormuz. The country has crude oil stock sufficient for 10 days and fuel stock for five to seven days, with strategic oil reserves extending up to 74 days. Government sources confirm there is no immediate threat of oil shortage or supply disruption in India. The Strait of Hormuz is a crucial global trade route, handling one-sixth of global oil production and one-third of global liquefied natural gas supplies. Approximately 20 per cent of the world's oil, amounting to 17.2 million barrels daily, transits through this strait. India imports around 45 per cent of its crude oil through the Strait of Hormuz. While flight operations have been impacted, there is no need for panic buying at fuel stations across India.


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