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Story summary
- India is negotiating with the United States for marine cover to safeguard Middle East oil shipments.
- A government official says India is comfortable with its energy position and LPG/LNG stocks.
- India is exploring alternative gas sources from Australia and Canada after Qatar declared force majeure.
- India maintains about eight weeks of inventory for crude oil and petroleum products, with 40% of crude imports passing through the Strait of Hormuz.
