India's energy imports from West Asia surge in September
pre-market1 source ↓written by the desknot a recommendation
- 47% of LNG
- LPG imports totaled
- 1.4 million tonnes
- the UAE contributing
- 0.5 MT
India's energy imports from West Asia reached their highest level since the US-Iran conflict began, with over 60% of LPG, 47% of LNG, and nearly 40% of crude sourced from the region in September. Notably, LPG imports totaled 1.4 million tonnes, with the UAE contributing 0.5 MT. This rebound signals improved supply dynamics through the Strait of Hormuz. ⚡
The increased reliance on West Asian energy could impact domestic pricing and availability, particularly as Russian Urals volumes decline. Traders should monitor these developments closely.
Not investment advice. For informational purposes only.