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Oil prices remain sensitive to geopolitical tensions, supply risks and developments around the Strait of Hormuz. Here’s why Brent crude is volatile in 2026 and what disruptions could mean for inflation, energy markets and the global economy.
ONGC has approved the development of a 1.75 million metric tonne strategic petroleum reserve in Mangaluru, Karnataka, to strengthen India's emergency crude oil storage capacity. The project is part of the country's efforts to improve energy security against global supply disruptions and geopolitical risks.
