A new report from Oslo Economics recommends Norway significantly increase its fuel reserves, tripling them from a 20-day to a 61-day supply based on domestic consumption. This recommendation stems from a changing geopolitical landscape and growing risks of prolonged supply disruptions. The Norwegian Ministry of Trade, Industry and Fisheries, led by Cecilie Myrseth, has confirmed plans to propose legislation in the 2027 state budget to implement these changes. Minister Myrseth emphasized the importance of fuel for national preparedness, businesses, and essential services in a press release. The move acknowledges an increasingly unstable global situation and aims to bolster Norway's overall energy security. The government believes strengthening fuel reserves is a crucial step in protecting the nation’s interests. This proactive step highlights Norway’s commitment to mitigating potential vulnerabilities in its fuel supply chain.