India’s energy sector has successfully insulated domestic consumers from the volatility triggered by the Strait of Hormuz crisis, according to industry experts.
The country’s strategic investments over the past decade, including expanded liquefied petroleum gas (LPG) production and diversified supply chains, acted as a critical buffer against global supply shocks and price pressures.
The resilience comes as tensions in the region remain elevated following the US-Israel strike on Iran in late February.
While the geopolitical situation has disrupted trade flows, India’s strengthened oil and gas ecosystem has prevented significant disruptions to household energy supplies.
This stands in contrast to earlier concerns that persistent tensions could lead to a surge in fuel costs for consumers starting in June.
The stability is partly attributed to the gradual restoration of shipping activity through the strait.