Strait of Hormuz disruption could impact India's LPG supplies and refined product markets more than crude oil markets: PL Capital report.

A report by PL Capital warns that disruptions around the Strait of Hormuz could significantly impact India's energy security, particularly LPG supplies. The report highlights that refined petroleum products, such as diesel, gasoline, LPG, and jet fuel, will be more severely affected than crude oil. Damage to refining infrastructure and logistical challenges could cause a prolonged shortage of these products. India's dependence on Middle Eastern LPG and limited crude oil reserves exacerbate the risks.