India buys first Iranian LPG cargo in years after US eases sanctions

India has successfully purchased its first cargo of liquefied petroleum gas (LPG) from Iran in several years, marking a pivotal moment in regional energy trade following the easing of US sanctions. The shipment is being shared among the country's three major state-run oil marketing companies: Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL), and Hindustan Petroleum Corp Ltd (HPCL). This resumption of imports comes at a critical juncture as India faces a domestic gas crisis and seeks to secure energy supplies despite ongoing disruptions in the Strait of Hormuz. The move signals a warming of trade relations and a strategic effort by New Delhi to diversify energy sources and stabilize fuel supplies in a volatile geopolitical environment.