PM Modi Returns from 5-Nation Tour with $40 Billion Investments and Strategic Petroleum Reserve Deal

PM Modi 5 Nation Tour Achievement: Prime Minister Narendra Modi has returned to the country from his important tour of 5 countries amid the Iran war and energy crisis. On 15 May, Prime Minister Modi left for the UAE. Prime Minister Modi visited 5 countries in 6 days, the UAE, Sweden, Norway, the Netherlands and Italy. On 21 May, the PM returned to New Delhi. With his marathon visit of 140 minutes, PM Modi has returned with investments of more than 40 billion dollars, from oil, LPG deals to rare minerals, semiconductors, AI. Let's see what deals India has done with five countries. PM Modi stayed in the UAE for just 3 hours, but within three hours, he signed 7 MoUs, including oil reserves. On this visit, PM Modi signed the Strategic Petroleum Reserve Agreement, under which the UAE will create a reserve of 30 million barrels of crude oil in India. From preparing the reserve to paying for it, the UAE will also bear the cost of its rent. By this deal, the strategic oil reserve of India will be reduced to 14 days.