New Delhi, March 24 -- Prime Minister Narendra Modi on Tuesday said that India has sufficient crude oil reserves and robust arrangements for continuous supply amid the ongoing West Asia conflict.
He highlighted the expansion of strategic petroleum reserves and increased refining capacity, as global trade through the Strait of Hormuz faces disruptions.
Addressing the Rajya Sabha, PM Modi said, "...In the last 11 years, strategic petroleum reserves have been developed to more than 53 lakh metric tonnes, and work is underway to expand them to over 65 lakh metric tonnes. Additionally, India's refining capacity has also been significantly increased in the last decade. I want to assure the House and the country through you that India has adeq...
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