India's fuel consumption fell 6.5% in May and LPG demand dropped 20% as Middle East supply disruptions and four rounds of fuel price hikes hit consumers hard.

India imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, India has managed to move some LPG cargoes…

India's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied petroleum gas consumption plummeted by…