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14.03.26 - 01:09
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Panic Buying Sweeps India As War Disrupts Cooking Gas Supplies (ZeroHedge)
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Panic Buying Sweeps India As War Disrupts Cooking Gas Supplies
Long lines are forming outside cooking gas dealers across India as fears of shortages spread following disruptions to fuel imports linked to the war in the Middle East.
At a small distribution shop in Pune, gas dealer Vishal Vilas Mandhare has watched demand surge in recent days. Customers arrive carrying empty cylinders, pressing him and his staff for answers about when the next delivery of liquefied petroleum gas, or LPG, will arrive.
"The dealers are facing as much trouble as the customers," he told Bloomberg, “just a different kind.”
India depends heavily on LPG for everyday cooking, and millions of households rely on regular cylinder refills to prepare meals. But since hostilities in the Middle East began disrupting a major share of India's fuel imports, panic buying has spread, straining the country's vast distribution system.
India is the world's second-largest consumer of LPG and imports about 90 percent of...
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