Скачать или смотреть War Breaking: India Has Enough LPG Supply, Don't Panic Amid West Asia War: Government Sources

Government sources have assured that India has enough LPG supply for households and there is no need to panic amid the escalating West Asia war. Indian refineries have imposed a 25-day waiting period to curb hoarding. India is actively scouting for LPG in the international market, exploring options from Algeria, Australia, Canada, Norway and other countries. While India sources only 20 per cent of its crude from the Strait of Hormuz, 80 per cent of its LPG passes through the strait, which remains shut. Government sources have also stated there is no plan to increase petrol and diesel prices. Petrol and diesel prices have been frozen for the third year running, with any financial impact to be dealt with between oil marketing companies and the government. Crude oil prices have doubled from 60 to 120 dollars per barrel in recent months.

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