India's LPG imports drop 46% amid Strait of Hormuz conflict

Business Apr 03, 2026

India's LPG imports dropped a sharp 46% in March 2026, mostly because the conflict near the Strait of Hormuz disrupted shipments from key suppliers like U.A.E., Qatar, Kuwait, and Saudi Arabia.
With the U.A.E.'s exports to India falling to 226,000 tons, India had to quickly rethink where it gets its cooking gas.

US becomes India's top LPG supplier

To fill the gap, the US became India's top supplier by boosting exports by 30% to 420,000 tons.
Iran also returned after nearly seven years with a smaller shipment of 43,000 tons.
On top of that, India increased its own LPG production by 40%, but rising demand means the government is now tweaking how it allocates supplies.