Tag: strategic petroleum reserves
Posted in Economy
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels
Abu Dhabi: As India seeks to secure energy supplies amid continuing geopolitical uncertainty in West Asia, New Delhi and Abu Dhabi have begun operationalising plans…
Posted in Business
China’s oil imports plunge to eight-year low on war disruptions
China’s buying of oil from overseas slumped to the lowest in more than eight years last month, as the Iran war crimped supply and Beijing…