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US-Iran ceasefire ends: Crude supply resilient, but LNG, LPG face bigger Hormuz risk; here's why

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By RICHA SHARMA
| MSN India Verified
Richa Sharma Indian markets should be more concerned about the LNG and LPG supplies compared to crude availability amidst the recent exchange of fire between the US and Iran near the Strait of Hormuz, say experts. US President Trump's comments on a ceasefire have once again raised concerns over the security of the Strait of Hormuz. Crude flows through the Strait had not fully recovered before the latest escalation.
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India's Nanda Devi only inbound LPG vessel at Hormuz as dark transits rise

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By RICHA SHARMA
| MSN India Verified
Richa Sharma India-flagged Nanda Devi is the only inbound LPG carrier at Strait of Hormuz and is headed to Qatar's Ras Laffan for loading. Total transits through the Strait of Hormuz remained steady at 47 on July 7 while there is a jump in dark crossings, according to S&P Global MINT and S&P Global Commodities at Sea. Transit patterns on July 7 reflected a sharp increase in dark crossings, with only one vessel visibly transiting via the route along the Omani coast.
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Crude supply resilient, but LNG, LPG face bigger Hormuz risk; here's why

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By RICHA SHARMA
| MSN India Verified
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