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Lpg

All articles tagged with #lpg

India Faces Energy Crunch as 28 Vessels Stranded Near Strait of Hormuz
world-news11 days ago

India Faces Energy Crunch as 28 Vessels Stranded Near Strait of Hormuz

India says at least 28 ships carrying crude oil, LPG, and LNG are stranded near the Strait of Hormuz amid the Middle East conflict, with 18 India-flagged and 10 foreign-flagged vessels affected; all 485 Indian seafarers aboard are safe. The disruption threatens energy supplies to India, a major crude importer, even as some LPG shipments transit and eight India-flagged ships have recently passed through, signaling limited movement at the chokepoint.

Asia braces for fuel shock as Hormuz crisis tightens oil flow
world17 days ago

Asia braces for fuel shock as Hormuz crisis tightens oil flow

The Iran war has effectively closed the Strait of Hormuz, choking about 20% of global oil supply and 90% of oil shipments to Asia, prompting Asian governments to curb energy use with work-from-home measures, holidays, and rationing. The Philippines declared an energy emergency; Thailand, Sri Lanka, Myanmar, and India report fuel shortages and rising prices, hitting jeepney drivers, farmers, and restaurants with reduced income and longer queues at gas stations as authorities try to stabilize supplies.