ReferIndia News India's strategic oil reserves 64% full, may last about 5 days: Junior petroleum minister Suresh Gopi

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India's strategic oil reserves 64% full, may last about 5 days: Junior petroleum minister Suresh Gopi

Published on: March 24, 2026, 12:22 a.m. | Source: The Economic Times

India's strategic oil reserves are currently at 64 percent capacity. This stock can cover approximately five days of the nation's oil needs. The country faces energy vulnerability due to disruptions near the Strait of Hormuz. India imports a significant portion of its crude oil and natural gas from Gulf countries. New reserve facilities are planned but not yet built.

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