Indian LPG Cargoes Pass Through Strait of Hormuz

India-flagged carriers loaded with liquefied petroleum gas (LPG) were passing through the Strait of Hormuz on Monday close to the Iranian coastline, in a sign that Iran is allowing some Indian vessels to transit the world’s most vital chokepoint for energy flows. Around 60% of Indian households rely on LPG for their primary cooking fuel, and the blockage at the Strait of Hormuz, from where 90% of all Indian LPG imports pass, has been immediately felt by consumers. India’s LPG demand this month has already slumped by 17% from…