Lead Story
A sharp disruption in liquefied petroleum gas (LPG) supplies triggered by the escalating West Asian conflict has begun rippling across India’s energy ecosystem, hitting restaurants, small industries and food processing units while raising fresh concerns about the country’s dependence on imports for cooking gas.
The crisis has been triggered by disruptions in shipping through the strategic Strait of Hormuz, the narrow maritime passage through which a significant portion of the world’s oil and gas trade moves. The ongoing confrontation involving Iran has sharply curtailed tanker movement in the region, forcing energy markets into turmoil and threatening the steady flow of LPG shipments to major import-dependent countries including India.
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