India, which is the world’s third-largest importer and consumer of oil, maintains underground strategic petroleum reserves with a capacity of 5.33 million tonnes. However, these reserves are currently filled to about 80 per cent.
West Asia tensions are disrupting commercial LPG supplies to eateries in Bengaluru, Mumbai, and Chennai. Authorities are prioritizing domestic use, impacting businesses. The government is ramping up LPG production, extending refill cycles, and forming a committee to address commercial supply requests amid import concerns.