New Delhi, April 14 -- The US-Iran conflict continues to escalate as Trump said theUS forces have launched a naval blockade of Iranian ports and coastal areas and Iran responded with threats targeting ports across the Persian Gulf and the Gulf of Oman. The global energy crisis has deepened, causing a jump in crude oil prices.

India, which depends on the region for about half of its crude oil needs, 40% of its gas, and nearly 85-90% of its LPG, has also been impacted. While the country has managed to offset crude oil shortages by sourcing supplies from elsewhere, LPG availability has taken a hit. Hence, the government has prioritised LPG supply to domestic households at the cost of cuts in supplies to commercial users like hotels and rest...