Which of the following two states has most of the petroleum deposits?

The correct answer is Assam and Gujarat. Key Points Petroleum Deposits The western and eastern sides of the peninsula have sedimentary rocks t hat are rich in petroleum deposits, especially in the states of Gujarat and Assam. Strategic petroleum reserves are huge stockpiles of crude oil to deal with any crude oil-related crisis like the risk of supply disruption from natural disasters, war, or other calamities. According to the agreement on an International Energy Programme (I.E.P.), each International Energy Agency (IEA) country has an obligation to hold emergency oil stocks equivalent to at least 90 days of net oil imports. In case of a severe oil supply disruption, IEA members may decide to release these stocks to the market as part of collective action. India became an associate member of the International Energy Agency in 2017. India’s strategic crude oil storage is currently located at Visakhapatnam (Andhra Pradesh), Mangaluru (Karnataka), and Padur (Karnataka). The government has also given approval for the setting up of two additional facilities at Chandikhol (Odisha) and Padur (Karnataka).