India Households Face A Looming Fuel Crunch As Iran Crisis Drags

India is bracing for a potential fuel crisis as geopolitical tensions in Iran escalate, threatening the country's vital liquefied petroleum gas (LPG) supply. As the world's second-largest consumer of LPG, India relies heavily on imports, securing over 90% of its LPG from the Middle East, particularly from Iran. Recent developments in the region have raised concerns about supply disruptions, which could impact households that depend on LPG for cooking and heating. The situation is exacerbated by rising global energy prices, further straining household budgets already affected by inflation. Industry experts warn that any significant interruption in supply could lead to increased costs and scarcity of LPG, prompting urgent calls for diversification of energy sources and strategic reserves. As India navigates this crisis, the government faces mounting pressure to ensure energy security and mitigate the impact on the domestic market, particularly for low-income households that are most vulnerable to fluctuating fuel prices.