$5 billion mega-bet and unprecedented juxtaposition of ‘defense’
The timing of this brief visit and its consequences are as surprising as they are profound. When PM Modi’s plane reached Abu Dhabi, UAE fighter planes escorted him in the sky and gave him special respect. The effect of this diplomatic warmth was visible on the files also. With the energy giants joining hands, a one-time UAE investment of USD 5 Billion into India was announced across the banking, infrastructure and finance sectors. Not only this, by signing the ‘Framework for Strategic Defense Partnership’, both the countries have started a new security cycle in the field of defence, maritime cooperation and advanced computing.
✓After PM Modi’s visit, UAE to store up to 30 MILLION barrels of crude oil in India’s Strategic Petroleum Reserve that can be used during emergency!
It is roughly equal to India’s entire 1 week of consumption. pic.twitter.com/ApiSfmddYw
— The Tatva (@thetatvaindia) May 15, 2026