India’s LPG consumption hits over 5-year low in May

India’s LPG consumption hits over 5-year low in May

India's LPG consumption dropped to a 62-month low in May (2.12 mt, −19% y-o-y), as the Strait of Hormuz blockade cut 90% of Middle East imports. Government cut industrial supply 20-30% to sustain households, exposing infrastructure vulnerability tied to a single geopolitical chokepoint.