Expanding Energy Ties Transform India And United Arab Emirates Oil Partnership
India and the United Arab Emirates are deepening their long-standing energy partnership through new proposals for cross-border oil storage and supply agreements. According to the Indian prime minister's office, the two nations discussed an arrangement allowing India to hold strategic reserves in Fujairah while permitting the Abu Dhabi National Oil Company to store up to 30 million barrels in India. Trade data indicates the UAE has grown into a major energy supplier for India, supported by Indian investments in Abu Dhabi oilfields and ongoing infrastructure developments.
Originally published by Gulf News | By Justin Varghese | 7 November 2026 | Read original: https://gulfnews.com/business/energy/how-the-uae-became-one-of-indias-biggest-oil-suppliers-1.500737492
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