12 years, 0% increase in oil storage capacity! ️ While India's strategic reserves remain stuck at the 2014 level of 5.33 MMT, the opposition slams the govt for focusing more on "photo albums" than fuel security. With only 9.5 days of emergency cover, is India ready for a global oil shock? https://english.mathrubhumi.com/news/india/12-years-zero-growth-congress-slams-modi-govt-as-strategic-oil-reserves-stagnate-at-2014-levels-ercynh67?utm_source=dlvr.it&utm_medium=mastodon #EnergySecurity #OilReserves #CongressKerala #KSEB #IndiaNews

South Korea's ruling party and government announce plans to include expanded petroleum reserves and maximum price controls in upcoming supplementary budget measures
#YonhapInfomax #SupplementaryBudget #OilReserves #PriceCaps #RulingParty #GovernmentPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112093

Kuwait reports power outages from Iranian attack debris; Bitmine adds $130M in Ethereum; Cramer warns U.S. stock rally may be short-lived; Strategy expands Bitcoin buying power to $72B; Japan to release oil reserves; Elliott acquires major Synopsys stake demanding efficiency improvements amid Middle East tensions and market volatility
#YonhapInfomax #Kuwait #Bitmine #Ethereum #Strategy #OilReserves #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111743

South Korea's budget minister nominee Park Hong-geun pledges supplementary budget will include measures to secure naphtha supplies, expand oil reserves, and diversify import routes amid Middle East uncertainties, while preparing compensation for refineries affected by price ceiling system.
#YonhapInfomax #SupplementaryBudget #NaphthaSupply #OilReserves #SupplyChainStability #PetroleumPriceCeiling #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111436

Japan releases private oil reserves and joins global efforts as Strait of Hormuz tensions disrupt Middle East energy supply https://english.mathrubhumi.com/news/world/japan-oil-reserves-strait-of-hormuz-tensions-me48wvwr?utm_source=dlvr.it&utm_medium=mastodon #japan #oilreserves #straitofhormuz #israeliranwar

Amid an energy crisis, the world is drawing on its oil reserves. Why doesn't Canada have any?
Because Canada is a net exporter of oil, it doesn't need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.
https://www.cbc.ca/news/business/canada-oil-reserves-9.7126115?cmp=rss

Amid an energy crisis, the world is drawing on its oil reserves. Why doesn't Canada have any?
Because Canada is a net exporter of oil, it doesn't need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.
https://www.cbc.ca/news/business/canada-oil-reserves-9.7126115?cmp=rss

Amid an energy crisis, the world is drawing on its oil reserves. Why doesn't Canada have any?
Because Canada is a net exporter of oil, it doesn't need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.
https://www.cbc.ca/news/business/canada-oil-reserves-9.7126115?cmp=rss

Amid an energy crisis, the world is drawing on its oil reserves. Why doesn't Canada have any?
Because Canada is a net exporter of oil, it doesn't need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.
https://www.cbc.ca/news/business/canada-oil-reserves-9.7126115?cmp=rss

Amid an energy crisis, the world is drawing on its oil reserves. Why doesn't Canada have any?
Because Canada is a net exporter of oil, it doesn't need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.
https://www.cbc.ca/news/business/canada-oil-reserves-9.7126115?cmp=rss