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Hormuz Crisis Escalates as Energy Sites Struck, India Moves to Safeguard LPG Supplies

Strikes on South Pars alongside damage at Qatar’s Ras Laffan pushed Brent toward $110, signaling a sharper supply squeeze.

Overview

  • New Delhi is negotiating with Tehran to allow six priority LPG carriers to transit the Strait of Hormuz, covering roughly 270,000 tonnes of cooking gas.
  • Official data show 22 Indian‑flagged vessels stranded west of the strait, including six LPG carriers, with authorities saying all 611 crew members are safe.
  • About 300,000 tonnes of LPG remain stuck near the chokepoint, equivalent to roughly 2.11 crore domestic cylinders for Indian households.
  • The Petroleum Ministry reports a 40% rise in domestic LPG output, maintains no plan to raise petrol or diesel prices, and is tying extra commercial LPG allocations to long‑term PNG conversion while easing certain gas‑network charges.
  • QatarEnergy reports extensive damage at Ras Laffan after Iranian strikes as Israel’s hit on Iran’s South Pars widened infrastructure targeting, lifting Brent toward $110 and constraining LNG flows.