India needs to rethink its oil strategy by learning from China's playbook of building massive inventories to influence markets and shield itself from price shocks, according to leading energy expert Dr. Anas Al Hajji.

"India's problem right now when it comes to oil market is - its inventories are very low and they need to enlarge those inventories to kind of be more energy secured on one side and not to be affected by this sudden increase in prices because of various political issues around the world," Al Hajji said in an interview with The Core. Advertisement

He noted that China, since 2016, has fundamentally altered oil market dynamics by acting not just as a large importer but as a powerful buyer. "China will buy low, store the oil and when oil prices go up, start dumping oil from st

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