Indian refiners have secured sufficient crude oil and LPG supplies to last through August and mid-July respectively, mitigating concerns from the ongoing Middle East crisis. Purchases from ADNOC and other suppliers, including significant crude acquisitions from the UAE and Brazil, have bolstered inventories. India and the UAE are also expanding strategic oil reserves to enhance energy security. Indian refiners have secured sufficient crude oil and LPG supplies to last through August and mid-July respectively, mitigating concerns from the ongoing Middle East crisis. Purchases from ADNOC and other suppliers, including significant crude acquisitions from the UAE and Brazil, have bolstered inventories. India and the UAE are also expanding strategic oil reserves to enhance energy security.
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