priority

Strait of Hormuz reopening in phases from July, LPG to get priority for India imports

The Strait of Hormuz is expected to reopen in phases starting July, with priority given to LPG shipments given India's heavy dependence. Kpler's Sumit Ritolia outlines a three-phase recovery, with LPG imports likely to lead due to severe disruption, followed by LNG and crude. Crude imports remained resilient through bypass routes and alternative supplies.