West Asia conflict hits India LNG supply; Petronet, QatarEnergy invoke force majeure
Petronet LNG, India's biggest LNG importer, has sent force majeure notices to QatarEnergy and Indian oil and gas companies due to the ongoing West Asia conflict. QatarEnergy has also issued a notice, halting production, leading to reduced gas supplies and a drop in shares of oil and gas companies in India. This has been caused by the Strait of Hormuz, a key route for India's gas imports.