The Global Liquefied Gas Shock: How India's Shortage and the Hormuz Blockade Force Europe to Prepare Energy Rationing — NRG-IA

Context: The Strait of Hormuz and the Outbreak of the Global Liquefied Gas Crisis The global energy market is crossing a critical inflection point, driven by the escalation of the war in Iran and the de facto blockade of the Strait of Hormuz. While public attention has traditionally focused on crude oil, the first major shockwaves are being strongly felt in the liquefied petroleum gas (LPG) and distillates markets. The current situation demonstrates the extreme vulnerability of Asian supply chains and the boomerang effect this has on European energy security. According to recent data, India — the world's most populous nation — is facing a severe national LPG shortage. The impact is direct and devastating for household consumers, with reports indicating citizens queuing for over a week for a simple gas cylinder. The root cause is India's structural dependence on the Middle Eastern maritime route: 54% of its LPG needs are imported through the Strait of Hormuz . This strangulation of…