India loses 6.2 million LPG customers in months as Iran war hits Gulf supplies

🇮🇳 The Times of India (IN) —
India loses 6.2 million LPG customers in months as Iran war hits Gulf supplies

AI Summary

India has lost 6.2 million LPG customers in recent months due to supply disruptions caused by the ongoing Iran war affecting the Gulf region. Previously, the Gulf accounted for approximately 90% of India's LPG imports, highlighting the conflict's impact on energy markets.

The decline has taken place against the backdrop of the Iran war and its impact on LPG availability from the Gulf region. Before the war, the region accounted for around 90% of India's LPG imports.

World Security Conflict Politics Markets Commodities Energy India LPG Iran war energy supply Gulf region import disruption fuel market

Read original source →