14 Oct 2021 IEA: International Energy Agency
The┬аInternational Energy Agency(IEA)has invited┬аIndia, the worldтАЩs third-largest energy consumer,┬аto become its full-time member. Implications: The proposal if accepted will require New Delhi┬аto raise strategic oil reserves to 90 days requirement.┬аIndiaтАЩs current strategic oil reserves equal 9.5 days of its requirement. Background: In March 2017, India became...