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‘Most expensive in years’: Iran war, Hormuz closure forces India to pay high prices for LNG
Middle East war impact: The ongoing marine traffic disruptions in the Strait of Hormuz due to the US-Iran conflict are forcing India’s energy majors to purchase liquified natural gas or LNG at some of the highest prices seen in recent years.
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economictimes.indiatimes.com
India buys its most expensive LNG in years as war upends market
Indian energy companies are paying more than $23 per mmbtu for September LNG cargoes, among the highest prices for imports since 2022, as the Iran war disrupts global supplies.…
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timesofindia.indiatimes.com
‘Most expensive in years’: Iran war, Hormuz closure forces India to pay high prices for LNG
Middle East war impact: The ongoing marine traffic disruptions in the Strait of Hormuz due to the US-Iran conflict are forcing India’s energy majors to purchase liquified natural…
