world-economy

India Moves to Build Month-Long Strategic Energy Reserves

India is planning to establish strategic reserves of crude oil, liquefied petroleum gas, and liquefied natural gas. These reserves would be sufficient to cover approximately one month of national consumption. The initiative follows supply disruptions triggered by recent conflict in the Persian Gulf region. New Delhi aims to insulate its economy from future energy shocks by reducing vulnerability to geopolitical events affecting critical chokepoints. The reserve expansion represents a significant shift in the country's energy security strategy. Meanwhile, carriers operating regional routes have begun implementing Middle East emergency surcharges to offset increased operational costs amid continued transit uncertainty through key shipping lanes. Container lines including major operators are passing these additional charges to shippers booking services from Indian ports to Persian Gulf destinations. The dual response underscores mounting concerns across the energy and logistics sectors regarding supply chain resilience.