India, March 6 -- India has directed all its refiners to maximise LPG production for sale to state-run oil marketing companies, amid a has squeeze stemming from the Iran war.

Only Indian Oil, HPCL and BPCL can buy this LPG, which in turn can be sold only to domestic customers, according to a government order released on Friday (6 March 2026). The order also asked refiners to avoid using propane and butane for petrochemical production. LPG is a combination of propane and butane.

India, which imports nearly 85% of its oil and gas needs, is staring at an energy crisis after Qatar closed the world's largest LNG terminal in Ras Laffan after it faced a drone attack by Iran. Tehran has also blocked the Strait of Hormuz, which carries nearly ha...