India’s 250 million barrel buffer and supply diversification ensure fuel stability: Report

India holds significant oil reserves, enough for seven to eight weeks of supply. The nation has diversified its oil imports from 40 countries, reducing reliance on single chokepoints. Russia remains a key supplier, with India adhering to price cap rules. Domestic ethanol blending and refining capacity further bolster energy security.

Published: March 8, 2026 7:21 am

Source: The Economic Times — Read original