Has gas supply been affected by the West Asia crisis?
Energy market experts say that increasing tensions in West Asia have affected global oil and gas supplies. Especially the blockage in the Strait of Hormuz has made the situation more serious.
This sea route is considered one of the most important energy routes in the world. About one-fifth of the world’s oil trade passes through this route. When this route is disrupted, the energy supply of many countries may be affected. India is also not untouched by this, because the country fulfills about 90 percent of its LPG needs through imports.