India's crude oil imports remain largely insulated from Strait of Hormuz tensions due to diversified sourcing, a Kpler analyst said. However, prolonged regional instability could disrupt LPG and LNG supplies, increase freight and insurance costs, and put pressure on energy prices
The United States retained its position as India's largest LPG supplier in June, with imports rising 19.4%. India continued diversifying energy sourcing beyond Gulf nations to strengthen energy security amid geopolitical uncertainties in West Asia
