Markets•2 reports
55DOOM SCORE
IOC increases LPG output by 30% amid Strait of Hormuz disruption
IndiaIran
First seen: Aug 31, 2026, 9:47 AM UTCUpdated: Aug 31, 2026, 10:16 AM UTC
WHAT HAPPENED
IOC boosted LPG production by 30% and operated refineries above capacity amid disruption affecting the Strait of Hormuz.
SO WHAT?
The disruption could tighten regional LPG and energy supplies and increase price pressure.
FOR ME
Impact on Switzerland
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