India Prepares Fuel Emergency Plan Amid Iran War Threat to Oil-Gas Supply Chain

• India devises multi-pronged strategy to secure domestic fuel supplies as West Asia tensions threaten Strait of Hormuz.
• Measures include restricting petrol/diesel exports, increasing Russian crude imports, and potential LPG rationing.
• LPG is a key vulnerability, with 85-90% imported from the Gulf and less than two weeks of stock cover.
• State refiners Indian Oil Corporation, Hindustan Petroleum Corporation Ltd, and Bharat Petroleum Corporation Ltd are boosting LPG output.
• Gulf region supplies nearly half of India's crude and LNG, making Strait of Hormuz crucial for energy security.