Gas shortage may drive India back to coal and kerosene
pre-market1 source ↓written by the desknot a recommendation
- to support low-income
- 48,000 kilolitres of kerosene
Shipping disruptions from the ongoing US-Israel war with Iran have led to a gas shortage in India, risking a shift back to polluting fuels like coal and kerosene. The conflict has halted movements through the Strait of Hormuz, affecting about half of India's LNG imports. The government has approved an additional 48,000 kilolitres of kerosene to support low-income households.
Not investment advice. For informational purposes only.