Key Highlights
- India has enough crude and fuel stocks for 6-8 weeks to meet domestic demand.
- About 88% of India's crude oil needs are met through imports, primarily from the Middle East.
- The Strait of Hormuz is a crucial transit point for over half of India's oil imports.
- Current reserves include approximately 100 million barrels of crude oil.
- India's liquefied natural gas inventory is more limited compared to crude and fuel reserves.
