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Hormuz shipping disruptions takes toll on India's catering industry

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Hormuz shipping disruptions takes toll on India's catering industry

2026-03-11 17:06 Last Updated At:03-12 12:12

The recent disruptions to the shipping traffic in the Strait of Hormuz have taken toll on India's catering industry amid the restricted supply of liquefied petroleum gas (LPG) as the authorities are prioritizing supplies to households and essential non-domestic sectors.

India's Ministry of Petroleum and Natural Gas said on Wednesday in a post on X that in light of the current geopolitical disruptions to fuel supply and constraints on supply of LPG, it has issued orders to oil refineries for higher LPG production and using such extra production for domestic LPG use.

It has prioritized domestic LPG supply to households, said the ministry.

Non domestic supplies from imported LPG is being prioritized to essential non domestic sectors such as hospitals and educational institutions, it said.

For LPG supply to other non-domestic sectors, a committee of three Executive Directors (EDs) of Oil Marketing Companies (OMCs) has been constituted to review the representations for LPG supply to restaurants, hotels, and other industries, the ministry said.

India is the world's second-largest importer of LPG, with 90 percent of its imports transported via the Strait of Hormuz.

The local catering association said on Tuesday that suppliers have indicated that they will suspend LPG supplies to the sector.

"Our LPG stocks will only last for two days at most. If LPG supplies are not restored within two days, we will have to close the restaurant. We will not only be unable to provide food to customers, but also unable to offer meals to our employees. [If we suspend operation,] we will also be unable to pay our staff," said Suresh Naik, a restaurant owner in Mumbai.

In India, LPG is distributed and replenished in cylinders through distributors.

Hormuz shipping disruptions takes toll on India's catering industry

Hormuz shipping disruptions takes toll on India's catering industry

Egypt's Ministry of Electricity and Renewable Energy announced late Saturday price hikes for commercial and residential electricity consumption effective this April, citing the global energy crisis triggered by the U.S.-Israeli conflict with Iran.

In a statement, the ministry said that the current "acute and unprecedented global crisis" across all energy resources, caused by the ongoing war in the Gulf region, has necessitated price increases for certain commercial and residential consumption tiers starting this month.

According to the statement, commercial consumption prices across various brackets will rise by an average of approximately 20 percent.

For residential consumption, prices for tiers consuming 2,000 kWh per month and above have been raised by an average of 16 percent, while rates for all tiers below the 2,000 kWh threshold will remain unchanged.

The ministry added that around 40 percent of subscribers fall within the lowest residential consumption categories, and most of them are exempt from the price increases.

Austerity measures announced by the government in late March included activating remote work systems, slowing the implementation of fuel-intensive mega-projects, and cutting fuel allocations for all government vehicles by 30 percent.

Additional measures included cutting business hours for shops, restaurants, cafes and malls as well as reducing street lighting and billboard illumination by one-third.

Egypt raises electricity prices amid global energy crisis

Egypt raises electricity prices amid global energy crisis

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