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Why 75 Years of Dependency on Middle East LPG Just Changed

Red Sea attacks, Iran–Israel tensions, and rising LPG prices pushed India to look beyond Qatar, UAE & Saudi Arabia.

What’s in the New LPG Deal

IOC, BPCL & HPCL will import LPG priced at Mont Belvieu — a cheaper, transparent US benchmark.

Cheaper, Safer & Stronger Geopolitical Balance

India gains price savings, supply security, and better negotiation power with Middle Eastern suppliers.

Propane-Butane Mismatch & High Logistics

US LPG needs blending, shipping costs are higher, and Indian terminals still need VLGC upgrades.

Stock Winners & Losers (INVESTOR ANGLE)

IOC/BPCL/HPCL benefit from subsidies, while pure refiners like MRPL & CPCL may see stronger gains.

The Consumer Question: Will Your Cylinder Price Drop?

Savings will reduce government subsidies—not directly lower your household LPG cost in 2026.

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Tap to read the complete breakdown of India’s new US LPG deal and its impact on your home & investments.