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CNN-News18

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BREAKING: UAE To Store 30 Million Barrels Of Oil Crude Oil In India's Strategic Oil Reserve | News18

Video Overview & Insights

In a major energy and strategic development, the United Arab Emirates has agreed to store 30 million barrels of crude oil in India’s strategic petroleum reserves. The move marks a significant step in strengthening energy security cooperation between the two nations amid global oil market volatility and rising geopolitical tensions.

30 million barrels of oil will last 6 days so what is the big deal ? China has 1.5 billion barrels of oil in reserve. These Babus have to stop misleading the country with their mumbo jumbo while they loot the country

— @kishorethampy8485

#IndiaUAE #OilStorage #BreakingNews #News18 #CrudeOil #EnergySecurity #StrategicPetroleumReserve #UAE #IndiaNews

n18oc_breaking-news

6 days of oil for india

— @freeminded1953

News18 Mobile App - https://onelink.to/desc-youtube

U.A.E. 💌 India

— @Jensonthereal

More User Perspectives

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So the people are happy that they are getting oil, whereas the deal is that the UAE is using our sites to store their oil and if they plan to sell it, India gets the first bid to buy the oil. Its no charity.

@rashmirohit1735
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30 million barrels are only 5 days consumption of India. A drop in the ocean of Indias requirement.

@christieaf08
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Modi is a staunch supporter of Iran.

@Santallo-t9s
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I am confused.. you mean India will buy that?? what does storing in Indian reserve mean??

@curio78
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Awesome.. Lage na

@NarasimhaMurthyPeri-x5z
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30 million is only 5 days usage reserve for India

@drchandansahoo
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India's strategic reserve is to be stored in facilities within the UAE and utilized once the blockade of the Gulf is lifted? But what if the blockade drags on for 20 years? Who will bear the cost of storing the oil there for all that time?

@surandrey
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Good news🎉..

@MadhuPMR-v6w
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😅😅😅modi govt failed to create additional FUEL SFR in north east and South india for LPG and CNG Since 2014 😢😮😮😢😮

@veekay2080
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Amazing news

@silvershroud6263
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It will not solve current crisis 😅 as usual government awakens after crisis. Now game of MOU MOU.

@gdigital5703
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Great initiative

@amitabhkarmaker2533
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So many Indians are living safely, peacefully, and happily in the UAE 🇦🇪
A true example of the limitless friendship and strong bond between India 🇮🇳 and UAE 🤝

@soma6647
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Our generation are luck having Vishwa Guru rule living.

@sriramvenkatraman
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30 million barrel is just 6 days of fuel for India.

@hypernova1173
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Congratulations 🎉 to both nations as it's really impressive deal

@zehrila-b7e
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India has vast coastal areas,so is cheap and best for Bharat to go for nuclear energy rather than fossil fuels

@Proud9999
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Only Modi could take india ahead now comparatively with other congress

@rajukn1415
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Good news to india

@BojanapatiPrasanth
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Its mile stone achivent in enhancement strstegic res with the agreement with UAE in recent visit during honourable pm Modiji

@ramaraocheepi7847
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Ho only refined petroleum products

@Arunboopathy-i4b
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Congratulations to both countries 👏 ❤

@HighwayContracting
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👏🏻👏🏻👏🏻

@pplay9
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Fantastic news for India!

@smahadevan2008