India may take a leaf from China's book for oil pool
Published on: June 17, 2026, 5:30 a.m. | Source: The Economic Times
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. Refiners might face substantial costs for storage and oil purchases. This policy could bolster India's energy security.
