India eases gas supply limits

India has lifted restrictions on commercial liquefied petroleum gas supplies after an improvement in conditions, with the government resuming gas flows at 50% of pre-crisis levels. This comes following the stabilization of shipping activity through the Strait of Hormuz and the signing of an agreement between the United States and Iran to reopen the maritime passage. India, which heavily relies on energy imports from the Middle East, had been forced to raise gas prices and bolster its energy plans amid disruptions to maritime trade in the Gulf.

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