Fuel shortage looms in India amid Iran conflict
Following the disruption of fuel supplies due to Iran's war, India has announced a target to produce 63,810 tons of LPG daily from both government and private refineries to boost stockpiles and ensure domestic supply. The government will update these targets every January and July to reflect new production levels, with Reliance Industries alone allocated to produce 18,000 tons daily. Previously, India relied on importing about 90% of its LPG from the Middle East before the closure of the Strait of Hormuz due to the war, which has led to the need to increase domestic production and develop storage and transportation infrastructure.
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