India's energy security faces significant challenges amid West Asia tensions and rising global oil prices. As of March 2026, India maintains only 74 to 90 days of combined crude oil and petroleum product reserves, covering both strategic and commercial stockpiles. The Indian Strategic Petroleum Reserves Limited manages three underground facilities with total capacity of 5.33 Million Metric Tonnes, currently at approximately 80 percent full, providing roughly 9.5 days of coverage. Oil Marketing Companies hold additional commercial reserves equivalent to about 64.5 days of consumption. While these buffers protect against supply shocks from geopolitical conflicts and price volatility, experts argue India's reserve levels remain insufficient compared to global standards.
