New Delhi, July 2 -- India is set to expand its strategic petroleum reserves with the proposed construction of three new facilities aimed at enhancing energy security and meeting international standards for emergency oil stockpiles.

The move, confirmed by L R Jain, CEO of Indian Strategic Petroleum Reserve Ltd (ISPRL), is part of India's broader strategy to secure its crude supplies amid rising demand and increasing geopolitical uncertainty, Reuters reported.

Recognising the risks associated with such high dependence, the government is commissioning Engineers India Ltd to conduct feasibility studies for the new reserve sites.

Jain said that these reserves would significantly strengthen the country's preparedness in the event of supply ...