Gas supply disruptions may shift India to polluting fuels
after close1 source ↓written by the desknot a recommendation
- to support low-income
- 48,000 kilolitres of kerosene
The ongoing Iran war has caused significant gas shortages in India, risking a return to polluting fuels like coal and kerosene. Shipping disruptions through the Strait of Hormuz have halted supplies, with 21 vessels still stalled. The Indian government has approved an additional 48,000 kilolitres of kerosene to support low-income households.
This situation may impact energy markets as India struggles to secure cleaner fuel alternatives, potentially increasing reliance on dirtier energy sources in the short term.
Not investment advice. For informational purposes only.