Search For "strategic reserve"
"Remain silent or be targeted": IRGC enforces lethal "no-move" zone in Str
Updated : 5 months ago IST
The IRGC has enforced a maritime blockade in the Strait of Hormuz, targeting vessels that move "even a few metres" without permission. With 14 tankers reportedly hit, the paralysis of this vital oil route has forced the US and IEA to release millions of barrels from strategic reserves.
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India's 250 million barrel buffer and supply diversification ensure fuel s
Updated : 5 months ago IST
India currently maintains a combined energy buffer of over 250 million barrels of crude oil and refined petroleum products, equivalent to approximately 4,000 crore litres, according to a government report. This stockpile provides seven to eight weeks of coverage across the full supply chain,
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"In an era of constant change, reliable partnerships are real strategic re
Updated : 6 months, 2 weeks ago IST
Speaking at India Energy Week 2026, Al Jaber said the defining story of energy today was one of growth, driven by three powerful megatrends: the rise of emerging markets, the exponential growth of artificial intelligence (AI), and the transformation of energy systems, all of which converge i
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India's copper demand rises 9.3 per cent in FY25; ICA calls for strategic
Updated : 9 months, 2 weeks ago IST
India's push towards infrastructure expansion, clean energy transition, and rapid industrialisation has propelled copper demand to new heights, with the metal emerging as a cornerstone of economic growth.
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Rising Israel-Iran conflict, India faces growing threats to its energy sec
Updated : 1 year, 2 months ago IST
Indian Government should review energy risk scenarios, diversify crude sourcing and ensure strategic reserves of oil amid the ongoing conflict between Israel and Iran, according to a report by GTRI.
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Egypt's strategic reserves of wheat sufficient for 4.2 months: Minister
Updated : 2 years, 6 months ago IST
Egypt's strategic reserves of wheat are sufficient for 4.2 months, oil for 5.3 months, and sugar for 5.4 months, according to Dr. Ali Al-Moselhi, the Egyptian Minister of Supply and Internal Trade.
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Biden announces release of 15 million barrels of oil from strategic reserv
Updated : 3 years, 9 months ago IST
Washington [US], October 20 (ANI): US President Joe Biden has announced the release of 15 million barrels of oil from the United States strategic reserve, part of a response to recent production cuts announced by OPEC+ nations.
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Biden to release 15 million barrels from oil reserve, more possible
Updated : 3 years, 10 months ago IST
Washington [US], October 19 (ANI): President Joe Biden will announce the release of 15 million barrels of oil from the US strategic reserve on Wednesday as part of a response to recent production cuts announced by the Organization of the Petroleum Exporting Countries (OPEC+) nations.
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China in talks with Russia to buy oil for strategic reserves: Report
Updated : 4 years, 2 months ago IST
Beijing [China], May 22 (ANI): China is seeking to refill its strategic crude stock pipes with discounted Russian oil, a sign that Beijing is strengthening its ties with Moscow as the country stands alone after launching its military operation against Ukraine.
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US encourages India to participate in country's strategic petroleum reserv
Updated : 4 years, 4 months ago IST
Washington [US], April 1 (ANI): The United States has been in touch with several countries including India on the release of strategic reserves as President Joe Biden announced to release 1 million barrels of oil per day from the nation's strategic petroleum reserve for the next six month
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Biden authorizes release of 1 mn barrels of oil per day from US strategic
Updated : 4 years, 4 months ago IST
Washington [US], April 1 (ANI): In order to keep oil prices under control, US President Joe Biden on Thursday (local time) announced to release of one million barrels of oil per day from the country's strategic petroleum reserve for the next six months.
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Centre to release 5 million barrels crude oil from strategic reserves
Updated : 4 years, 8 months ago IST
New Delhi [India], December 13 (ANI): The government has agreed to release 5 million barrels of crude oil from its strategic petroleum reserves in consultation with other global energy consumers, Union Minister of State for Petroleum and Natural Gas Rameswar Teli in a written reply to a ques
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