In March, household LPG sales fell 8% as state oil companies adjusted supplies amid reduced imports linked to the ongoing Iran conflict. The drop was far steeper for other segments, with commercial LPG consumption down 48% and bulk LPG distribution to industries falling 75.5%, signaling widespread disruptions across India’s LPG supply chain.
The US-Israeli war with Iran and the closure of the Strait of Hormuz are triggering a massive oil and gas supply disruption, hitting crude, natural gas, and refined fuels at once. The reported daily output lost is being described as unprecedented, surpassing earlier major shocks and raising concerns about rapid price and availability swings worldwide.
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Sebi has eased IPO-related norms, allowing firms to reduce offer sizes when market sentiment weakens amid fallout from the Iran conflict. The move gives issuers more flexibility to respond to volatility and investor caution, potentially helping deals avoid poor reception and giving companies a better path to pricing and execution in uncertain conditions.
The Iran conflict has driven plastic prices up by about 40%, raising costs for common items like bottled water. As manufacturers absorb some impact and pass the rest downstream, consumers feel the pinch through higher prices. Analysts suggest the rise could cool within four to six months if peace returns, offering a potential path back to normal costs.
The UAE is considering loosening tax residency rules for expatriates who left during the Iran conflict, a move aimed at helping them retain tax status. Rather than blanket exemptions, authorities are reportedly weighing case-by-case relaxation of minimum stay requirements, according to Financial Times.
Experts warn that disruptions from the Iran conflict could take months for global pharmaceutical supply chains to stabilise. Active pharmaceutical ingredients, the key raw materials used to manufacture medicines, are expected to see only gradual relief. The delayed recovery may contribute to longer-lasting cost pressures across the medicines ecosystem, depending on how quickly routes, contracts, and inventories normalise.
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