Explained: Inside India’s strategic oil reserves, and how Hormuz is affecting the math
India's strategic oil reserves can cover approximately 9.5 days of the country's crude oil needs. The ongoing conflict in Iran and disruptions in the Strait of Hormuz have raised concerns about India's energy security. Despite stable fuel prices for now, the government faces pressure as oil companies incur significant losses while maintaining retail prices.
- ▪India's strategic reserves can cover about 9.5 days of crude oil requirements.
- ▪The Strait of Hormuz is crucial for nearly 30% of India's crude oil imports.
- ▪India is heavily dependent on imports for about 90% of its oil needs.
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Explained: Inside India’s strategic oil reserves, and how Hormuz is affecting the mathIndia’s dedicated strategic reserves can cover about 9.5 days of the country’s crude oil requirement.Updated on: May 18, 2026 4:49 PM ISTBy Priyanshu PriyaShare viaCopy link America’s raging war on Iran has triggered anxious discussions in India over its energy security, especially after Prime Minister Narendra Modi called for fuel-saving measures and later spoke about a global “decade of disasters”.Focus on India’s strategic oil reserves amid prolonged Iran conflict and choked Strait of Hormuz (AFP)The concern stems largely from disruptions around the Strait of Hormuz, a narrow but strategically crucial shipping route through which nearly 30 per cent of India’s crude oil imports pass.
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