LPG Shortage Live: Long queues for LPG in Delhi, Mumbai, Hyderabad amid shortage fears

As the conflict between Iran and Israel escalates, concerns over oil supply have intensified, leading to a significant rise in LPG prices and a subsequent shortage across major Indian cities such as Delhi, Mumbai, and Hyderabad. On the 13th day of the ongoing war, Brent crude oil prices surged past $100 per barrel, which has triggered a panic response among consumers, resulting in long queues at LPG distribution centers. This surge in prices has been exacerbated by Iranian attacks on commercial shipping routes in the strategic Strait of Hormuz, raising alarms over global oil supply stability. The Indian government is closely monitoring the situation, while citizens are urged to remain calm and avoid hoarding. The rising cost of LPG and fears of shortages have rekindled memories of previous fuel crises, prompting discussions on energy security and the need for diversification of energy sources in India. As the situation develops, authorities are working to ensure that supply chains are maintained and that essential services remain uninterrupted amidst this geopolitical turmoil.
Originally reported by Hindustan Times India. Read original article
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