Geopolitics
IN
INTensions between US and Iran raise concerns, India has 60 days of oil reserves
Business Standard·July 10, 2026 at 07:22 AM
US President Donald Trump announced on July 8, 2026, that the ceasefire between the US and Iran has ended after new attacks. This has heightened concerns about disruption to India's energy supply. India currently has 60 days of oil reserves, providing a temporary buffer against potential supply disruptions.