How will it help come out of the shortage of crude oil, LNG and LPG? With about 5.5 million barrels of crude imports per day, India is the third largest buyer of oil after the US and China. About 2.27 million barrels of crude oil imported by India flow through the Strait of Hormuz. Crude, LNG, LPG imports through Strait of HormuzSimilarly, India consumes 195 million standard cubic meters per day (mmscmd) of liquefied natural gas (LNG), and almost 60% of this passes through the Strait of Hormuz. In a nutshell, about 40% to 50% of the crude oil, 55% to 60% of the LNG, and about 80% to 85% of the LPG India imports flow through the Strait of Hormuz.

Source: dna March 12, 2026 08:55 UTC