Iran crisis shatters India’s high hopes for cheaper LNG

Thursday, 12 March 2026 09:08

Petronet, India’s leading LNG importer, is facing a strategic setback in its push for more “reasonable rates” for US cargoes, as the escalating Iran crisis and QatarEnergy’s suspension of LNG exports undermine its bargaining power to renegotiate legacy contracts; our Markets Editor Anja Karl investigates. 


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