New Delhi, April 15 -- The US blockade on vessels entering or leaving Iranian ports adds to uncertainty over shipping through the Strait of Hormuz, which has been all but shut since the start of the Iran war.
Ordinarily, roughly one-fifth of global oil and gas exports transit the Strait of Hormuz.
India imports approximately 60 per cent of its LPG needs, and "out of these imports, about 90 per cent come through the Strait of Hormuz, which has been impacted due to current happenings," the government said earlier.
The government has since prioritised LPG supply to domestic households at the cost of cuts in supplies to commercial users like hotels and restaurants.
Domestic LPG prices have been revised once, whereas commercial cooking gas...
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