India paid 29% more per tonne for imported LPG than pre-war market expectations after the Hormuz strikes, as the energy crisis pushed up cooking-gas costs. The price shock added an estimated $1.1 billion to India’s LPG import bill, while imports fell sharply during the six-month period.
Basudha Das is a News Editor at Business Today. She specializes in finance and investment, with a focus on personal finance, financial markets, commodities and futures, as well as construction and real estate. Her insights on credit health, debt management, retirement planning, and wealth management have made her a prominent voice in the industry.