strategic oil reserves

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    Oil Reserve Levels: India's Strategic Storage Status

    India’s Strategic Oil Reserves at Two-Thirds Capacity Amid Middle East Supply Risks New Delhi, March 23 – India’s strategic petroleum reserves (SPR), designed to provide cover for about 9.5 days of crude oil supplies during disruptions or price shocks, are currently at only two-thirds capacity...
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    Asian Markets Rise on Hope of Iran Conflict Resolution

    Asian Markets Rebound as Oil Prices Drop After Trump Signals Iran War Could End Soon Asian stock markets rebounded on Tuesday following a sharp sell off in the previous session, while crude oil prices declined after US President Donald Trump signaled that the war with Iran could end soon. The...
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    South Korea Prepares for Strait of Hormuz Closure After U.S. Israeli Strike on Iran

    Seoul Convenes Emergency Meeting to Assess Economic Fallout Seoul, March 1: South Korea’s industry ministry says it is preparing for all possible contingencies, including a potential closure of the Strait of Hormuz, following escalating tensions around Iran after a large scale U.S. Israeli...
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