India, June 23 -- India turned to the US, Nigeria and Australia for LPG supplies after disruption in the Strait of Hormuz cut off nearly 30% of its usual imports.

Analysts said the crisis exposed India's dependence on West Asian energy flows, with an estimated 35% to 50% of its crude imports routed through Hormuz.

The reopening of the Strait has eased immediate pressure, but oil and gas markets remain vulnerable to renewed volatility.

S&P Global Energy analysts said India is likely to retain more diversified sourcing strategies to reduce exposure to future geopolitical shocks.

India increasingly turned to the United States (US), Nigeria and Australia for liquefied petroleum gas (LPG) supplies after disruptions in the Strait of Hormuz ...