India Plans to Add Strategic Fuel Reserves After Iran War Shock

India plans to build strategic reserves of crude, liquefied petroleum gas and liquefied natural gas large enough to meet as much as a month of domestic demand, as the country...

By Rajesh Roy, Rakesh Sharma · Bloomberg Markets

India plans to build strategic reserves of crude, liquefied petroleum gas and liquefied natural gas large enough to meet as much as a month of domestic demand, as the country seeks to avoid a repeat of the supply shock created by the war in the Persian Gulf.