67% Of India's LPG Imports From US After Hormuz Crisis, Now Largest Supplier
India has shifted its LPG import strategy, with the United States now supplying 67% of the country's needs following disruptions in the Strait of Hormuz. The government successfully diversified its energy sources and increased domestic production to ensure no fuel shortages occurred during the Middle East crisis.
Why it matters
This highlights a major shift in global energy trade routes and India's successful efforts to enhance its energy security through strategic diversification.
The US has become the largest supplier of LPG to India following the disruption caused by the Middle East crisis and the subsequent closure of the critical waterway Strait of Hormuz, Union Oil Minister Hardeep Singh Puri said today.India has also increased domestic LPG production to offset lower imports from Gulf suppliers, Puri said."Today, I am happy to inform you that the United States accounts for something like 67 per cent of our LPG imports," he said at an event organised by the Confederation of Indian Industry (CII).With measures like diversified sourcing, expanded refining capacity and higher domestic production, India successfully shielded consumers from any supply disruption as a result of the Middle East crisis, the Union minister said."Today, I think we are in the happy situation of being able to say that, as far as India is concerned, we have moved on from that," he said, referring to India…
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