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Gulf Strikes Deepen Energy Crisis as India Backs UN Rebuke and Redirects Gas Supplies

The IEA is weighing a major strategic‑reserve release to steady supplies and prices.

Overview

  • Direct hostilities between Iran and Israel have expanded into attacks on Gulf oil routes, with the Strait of Hormuz effectively choked and infrastructure targeted.
  • India co‑sponsored a UN Security Council resolution condemning Iran’s attacks on GCC countries and Jordan.
  • With LNG cargoes disrupted near Hormuz, India invoked the Essential Commodities Act to divert natural gas to priority sectors, while officials say domestic LPG output has risen about 25%.
  • Air travel and shipping have been disrupted, aircraft have been repositioned, evacuations of Indian nationals have taken place, and Dubai reported a minor drone crash with no injuries.
  • The Pentagon reports 140 US service members have been injured since the start of the Iran conflict.