Energy Security and India's Import Dependence
India is the world's third-largest energy consumer and imports approximately 85% of its crude oil requirements. LPG demand has grown sharply since the PMUY (Pradhan Mantri Ujjwala Yojana) scheme expanded LPG connections to over 100 million households, particularly in rural areas. Gulf countries — Saudi Arabia, UAE, Qatar, Kuwait — are India's primary suppliers of both crude and LPG, making stable passage through the Persian Gulf and Strait of Hormuz non-negotiable for India's energy security.
- India's LPG imports are largely from Qatar and Saudi Arabia and are priced under long-term contracts.
- Disruption of Hormuz access forces India to either seek spot market alternatives (at higher cost) or face domestic supply shortages.
- The strategic petroleum reserve (SPR) programme — India operates reserves at Visakhapatnam, Mangaluru, and Padur — provides a buffer of approximately 9.5 million tonnes, roughly 9–13 days of consumption.
● Tracked since March 13, 2026 · last seen June 11, 2026 · updates as the daily brief publishes
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