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India’s crude oil reserves have staged a strong recovery, rising close to their highest level in nearly a year after increased imports helped replenish inventories that had fallen sharply during the June quarter amid geopolitical tensions. According to estimates from commodity intelligence firm Kpler, the country’s crude oil inventory reached 104 million barrels at the end of June, a significant increase from 90.5 million barrels recorded at the end of April. The data covers strategic petroleum reserves, refinery holdings and commercial inventories, while excluding crude stored in pipelines and cargoes that are still en route to India.