Falling Oil Prices: Why A Strategic Opportunity Awaits India

NEW DELHI: Amidst the crisis comes an opportunity. While the global economy takes crippling blows day after day, thanks to the Chinese virus otherwise known as COVID-19, plummeting crude oil prices will enable India to not only partly make up for some financial deficit but also hedge for the future by beefing up its strategic oil reserves. On Simply Nitin this week, we trace the origins of a fall back option in the energy sector