LPG Panic: Hormuz Miscalculation And How India Could Have Avoided The Crisis I Anand Ranganathan
As the West Asia war intensifies and Iran’s blockade tightens around the Strait of Hormuz, panic has begun spreading across India. Nearly 90% of India’s imported LPG passes through this narrow waterway, and with shipping disrupted, fears of shortages have triggered hoarding and anxiety across the country. The government has stepped in, invoking the Essential Commodities Act, boosting domestic LPG production by 25%, and prioritising supplies for households. But is India truly facing a gas crisis? Or is panic outpacing reality? On this episode of Scrutiny, Anand Ranganathan breaks down the hard numbers behind India’s LPG vulnerability. India consumes 32–33 million tonnes of LPG every year, with 60% imported and most of that flowing through Hormuz. But Anand also pushes back against what he calls “canards and confusion” around India’s reserves. “India’s overall LPG storage can last 28 to 30 days. There is a buffer. The real issue is perception and miscommunication.” But if the war drags on for another two weeks, will India’s buffer hold, or will panic spiral into a full-blown crisis?Watch as Anand Ranganathan cuts through the noise, the politics, and the misinformation - to explain what’s really happening to India’s gas supply.