India's LPG Crisis: Why Did Government Enforce ESMA?
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LPG Crisis Deepens: India Implements ESMA Amid Middle East Conflict, Strait of Hormuz Blockade
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News18•12-03-2026, 09:19
LPG Crisis Deepens: India Implements ESMA Amid Middle East Conflict, Strait of Hormuz Blockade
•Government implemented ESMA nationwide and issued strict directives against hoarders due to a severe LPG crisis.
•The crisis stems from the America-Israel and Iran conflict, leading to the complete blockage of the 'Strait of Hormuz' and impacting India's gas supply.
•Shortage of commercial gas cylinders has disrupted operations in hotels and crematoriums.
•Petrol and diesel prices remain stable in India, thanks to cheap Russian oil and the Strategic Petroleum Reserve.
•The situation will be compared to the 1990 Iraq-Kuwait war and India's economic situation in 2026.