Middle East Conflict Hits India's Gas Supply: Firms Invoke Force Majeure, LNG Imports Disrupted

• Indian companies invoked force majeure due to escalating Middle East conflict, restricting domestic natural gas supply.
• US and Israel's air war on Iran disrupted fuel shipments, affecting India's key LNG supplier, Qatar.
• Lower gas supplies marginally hit production of fertilizer companies like Indian Farmers Fertiliser Cooperative Ltd and Kribhco Fertilizers Ltd.
• Petronet LNG Ltd issued force majeure to QatarEnergy and local buyers after tankers couldn't reach Ras Laffan port.
• Transit through the Strait of Hormuz, vital for global oil and LNG, has nearly halted due to regional hostilities.