India Stores Strategic Crude Oil Reserves For Emergency, But Does It Have Strategic LPG Reserves?
Last Updated:May 17, 2026, 11:45 IST West Asia crisis shuts Strait of Hormuz, crude tops 100 per barrel, India faces supply hit and forex strain, has 60 days oil cover. India currently depends on two major underground LPG storage caverns to strengthen its energy security, apart from inventories maintained by refiners. The West Asia crisis…