Hormuz shutdown disrupts India's LPG supply chain
pre-market1 source ↓written by the desknot a recommendation
- the Gulf
- 90% of imports
- of consumption
- 40%
- consumption peak
- 100 kT/d
The shutdown of the Strait of Hormuz has severely impacted India's LPG market, which relies on the Gulf for 90% of imports. With domestic production covering only 40% of consumption, the country faces a critical supply challenge. February saw LPG consumption peak at 100 kT/d, highlighting the urgency of this situation.
This disruption may lead to increased prices and supply shortages, affecting millions of households that depend on LPG for cooking. 📈
Not investment advice. For informational purposes only.