India's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian Gulf. Domestic production also increased significantly to meet potential shortfalls. However, demand from large consumers has been slow to recover. This situation has led to storage issues and penalty charges for some.

US-Iran war impact: India is actively looking to diversify the sources of its Liquified Petroleum Gas (LPG) supply and the US has emerged as the biggest supplier in the months…

India's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian Gulf. Domestic production also increased…