strategic reserves

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    Government and Firms Partner on Crude Oil Reserves in Korea

    South Korea Launches Crude Oil Swap System to Counter Supply Risks Amid Strait of Hormuz Disruptions Government Introduces Temporary Oil Swap Mechanism Seoul, March 31: South Korea’s government has introduced a crude oil swap system with private refiners starting Tuesday, aiming to stabilize...
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    LPG Supply Secure: India Secures 800,000 Tonnes, Counters Panic Buying Claims

    India has approximately 60 days of fuel stock cover, and one month's supply of LPG is readily available. There are no shortages of petrol, diesel, or LPG, and reports of shortages are a deliberate misinformation campaign aimed at creating panic buying.Amid reports of panic buying and long...
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    India's Fuel Reserves: 60 Days of Stock Cover Confirmed

    New Delhi, March 26 India has approximately 60 days of fuel stock cover, the government said on Thursday, adding that there is no shortage of petrol, diesel, or LPG, as it dismissed reports of shortages as a "deliberate misinformation campaign" aimed at triggering panic buying.The Ministry of...
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    Rupee Falls to New Low Amid Global Uncertainty

    Indian Rupee Falls to Record Low of 92.94 Against US Dollar Amid Rising Oil Prices and FII Outflows New Delhi, March 20: The Indian rupee weakened further on Thursday, slipping to a fresh all-time low of 92.94 against the US dollar, as elevated crude oil prices and sustained foreign fund...
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