India Draws Up Oil Contingency Plan Amid US-Iran Turmoil: Export Caps, Russian Crude, LPG Rationing
Last Updated:March 03, 2026, 12:00 IST India imports nearly two-thirds of its LPG consumption, with 85–90% sourced from the Gulf region (Image/Reuters) India is weighing a series of contingency measures — including restricting petrol and diesel exports, ramping up crude purchases from Russia and introducing demand-management steps such as LPG rationing — to address potential…