<h4>Introduction to the IEA Outlook</h4><p>The <strong>International Energy Agency (IEA)</strong> has recently published its crucial report, the <strong>Indian Oil Market Outlook to 2030</strong>. This report provides a detailed analysis and projections for India's oil demand, supply, and refining capacity over the next decade.</p><div class='info-box'><p>The <strong>IEA</strong> is an autonomous intergovernmental organization established in <strong>1974</strong> under the framework of the <strong>Organisation for Economic Co-operation and Development (OECD)</strong>. It works to ensure reliable, affordable, and clean energy for its member countries and beyond.</p></div><h4>Significance for India</h4><p>This outlook is particularly significant for <strong>India</strong>, which is one of the world's fastest-growing energy consumers and a major oil importer. The report's findings can influence national energy policy, investment decisions, and strategic planning.</p><div class='key-point-box'><p>The <strong>Indian Oil Market Outlook to 2030</strong> helps policymakers and industry stakeholders understand future trends. It covers aspects like <strong>demand growth drivers</strong>, <strong>supply constraints</strong>, and the potential impact of <strong>energy transition policies</strong>.</p></div><div class='exam-tip-box'><p><strong>UPSC Relevance:</strong> Understanding such reports is vital for <strong>GS-III Economy</strong> (Energy, Infrastructure, Growth) and <strong>GS-II International Relations</strong> (Energy Diplomacy). The IEA's projections often form the basis for questions on India's energy security challenges and strategies.</p></div>