With the war in Iran now in its second month, India's cooking-gas shortage is turning serious. This marks a pivot for a country where liquefied petroleum gas, or LPG, has 332 million customers. Imports me65 per cent of LPG demand. Two, availability of domestic gas in India makes import dependence less acute than for crude oil-derived LPG. LPG prices in the black market are soaring.

Source: Economic Times April 01, 2026 15:14 UTC