India's Strategic Oil Reserves Exceed 5.3 Million Tons, Says Prime Minister Modi

India's Prime Minister Narendra Modi announced that the country holds more than 5.3 million tons of strategic oil reserves. According to Jin10, this significant stockpile is part of India's efforts to ensure energy security and manage potential supply disruptions. The reserves are strategically located across the nation to provide a buffer against global oil market volatility. Prime Minister Modi emphasized the importance of these reserves in maintaining economic stability and supporting India's energy needs. The announcement highlights India's proactive measures in energy management amid fluctuating global oil prices.