Question : With which country India has recently decided to partner with for strategic storage of crude oil in southern India ?
Option 1: Iran
Option 2: Iraq
Option 3: United Arab Emirates
Option 4: United States of America
Correct Answer: United Arab Emirates
Solution : The correct option is United Arab Emirates.
India had entered into a strategic collaboration with the United Arab Emirates for the purpose of storing crude oil in the southern region of India. This agreement granted the Gulf OPEC nation the capacity to store 6 million barrels of crude oil in Mangalore, Karnataka.
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