Strait of Hormuz disruption could hit India's LPG supplies, refined product markets more vulnerable than crude oil markets: Report
India faces serious energy security risks due to disruptions near the Strait of Hormuz. LPG supplies are particularly vulnerable, with a large percentage of imports transiting this vital waterway. Damage to refining infrastructure and logistical challenges could lead to prolonged shortages of refined products. India's crude oil reserves offer limited protection. Alternative shipping routes also present constraints.