‘The situation is dire’: War on Iran squeezes India’s cooking-gas supplies
“This means that refined product supply for domestic demand remains comfortable, and there are currently no indications that India will struggle to meet internal consumption requirements,” says Ritola. The real vulnerability is LPG, analysts say. India consumes roughly one million barrels a day, but produces only 40-45% domestically, importing the rest – 80–90% of it…
