Indian oil buys first Iranian LPG since 2018 as crunch worsens: Report
Indian Oil Corp. has bought liquefied petroleum gas from Iran for the first time in almost eight years, according to people familiar with the matter, as the country scrambles to avert a worsening shortage of the vital cooking fuel spurred by the war in the Middle East.
The refiner will share the shipment with its state-owned peers Bharat Petroleum Corp Ltd. and Hindustan Petroleum Corp Ltd., said the people, who asked not to be named due to the sensitivity of the trade.
