The New Oil: How India's LPG Imports Are Redefining Global Energy Dynamics The recent turmoil in global markets has accelerated a shift in energy dynamics that will have far reaching consequences for countries like India and the United States.
Amidst the chaos caused by the Middle East conflict, India has turned to the US as its primary source of Liquified Petroleum Gas (LPG), also known as propane or butane.
According to recent data, the US supplied over 50% of India's LPG imports in August, a significant increase from just a few months ago when it was around 12%.