LPG Crisis Deepens: Iran Conflict Disrupts Supply, Price Hike Looms

• AP, Telangana, and Hyderabad face severe LPG and CNG shortages, impacting hotels and auto-rickshaws.
• The Iran conflict (America, Israel, Iran) has disrupted global oil and LPG supply, delaying shipments to India.
• LPG is primarily sourced from Gulf countries, mainly Qatar; current shipments only cover India's demand for 1-1.5 days.
• Two ships, BWTYR and BWELM, carrying 94,000 metric tons of LPG, are expected by March 31/April 1, but offer only temporary relief.
• Ongoing delays at the Strait of Hormuz due to traffic and inspections, coupled with potential US ground attack on Iran, threaten future supply.