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Title:

Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautions

Detail:

India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augmenting strategic reserves, currently sufficient for only five days of consumption and developing a comprehensive purchase and release strategy.

Country:

India

Source:

ET Energy World

Published Date:

27.06.2026

URL:

View Original URL

Regions:

Asia SAARC Countries South Asia

Sectors:

Building Automobiles and Auto Parts Printing and Publishing Construction Energy-Power and Electrical Computer Hardwares and Consumables Petroleum Products Building Material

Project News Details

Title	Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautions
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Detail	India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augmenting strategic reserves, currently sufficient for only five days of consumption and developing a comprehensive purchase and release strategy.
Country	India
Source	ET Energy World
Regions	Asia SAARC Countries South Asia
Sectors	Building Automobiles and Auto Parts Printing and Publishing Construction Energy-Power and Electrical Computer Hardwares and Consumables Petroleum Products Building Material
Published Date	27.06.2026
Original Url	Original Url
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Title
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautions
Detail
India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augmenting strategic reserves, currently sufficient for only five days of consumption and developing a comprehensive purchase and release strategy.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Building Automobiles and Auto Parts Printing and Publishing Construction Energy-Power and Electrical Computer Hardwares and Consumables Petroleum Products Building Material
Published Date
27.06.2026
Original Url
View Original Url
Share

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Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautions

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Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautions

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