US-Iran conflict impact: The global energy shock triggered by the US-Israeli conflict with Iran is now rippling through economies far beyond the Middle East, exposing how deeply interconnected fuel supply chains have become. For example, in India, shortages of cooking gas are emerging, while in California, gasoline prices have surged to nearly $6 per gallon.

India saw its first retail fuel price revision as the West Asia conflict drives international crude to multi-year highs. | India News

Strait of Hormuz closure cuts India LPG imports by over half, triggering global supply disruption, price surge and warning from the IEA on energy crisis.