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India may take a leaf from China's book for oil pool

India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims to protect the nation from future supply shocks. The proposa

CJPN24 AI Desk••2 min read
India may take a leaf from China's book for oil pool
India may take a leaf from China's book for oil pool
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Synopsis
India may adopt a China-like strategy for its oil reserves.

Refiners could be required to hold significantly more crude oil.

This move aims to protect the nation from future supply shocks.

The proposal is in its early stages.

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Source: The Economic Times

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CJPN24 AI Desk

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