16:43 - 26.05.2026
May 26, Fineko/abc.az. India has strategic oil reserves for 78 days and sufficient reserves of fuel and gas, while the authorities declare that there is no energy crisis.
ABC.AZ informs that against the background of the blockade of the Strait of Hormuz, 37 Indian vessels remain in the Persian Gulf, and insurance coverage for shipments from the region has been increased 100-fold. After the restrictions are lifted, their passage is to be provided in 5-6 days.
Prime Minister Narendra Modi says that strategic reserves exceed 5.3 million barrels, and the country plans to further increase them.