60-day inventory as ballast, India urgently refutes rumors, energy security defense line clarified

⑴ The Indian government has released information via social media, clearly refuting misleading claims that the country’s oil reserves are only sufficient for 5 to 10 days, emphasizing that existing oil inventories are enough to meet approximately two months of consumption needs. ⑵ Official data shows that India’s total reserve capacity is about 74 days, with inventories consisting of crude oil, petroleum products, and underground strategic reserves. ⑶ Against the backdrop of a sudden escalation in Middle Eastern geopolitical tensions, this move by India aims to stabilize market expectations and dispel panic about possible energy supply shortages. ⑷ As the world’s third-largest crude oil importer, India holds nearly 60 days of buffer inventories, which means its refineries and fuel supply retain a certain resilience in the short term, though attention should still be paid to the potential impact of Hormuz Strait security on import routes.