Economy, Banking and Finance · 27 October 2026

Union Minister Hardeep Singh Puri details India's strategy of boosting domestic LPG output and expanding international sourcing to mitigate supply chain risks following the Strait of Hormuz disruption

Exam-focused facts from the 27 October 2026 current affairs briefing.

Key facts

  • The government increased domestic LPG production from 34,000 metric tonnes per day to 55,000 metric tonnes per day.
  • India expanded its LPG import sources from 27 countries to 41 countries to address supply disruptions from the Gulf region.
  • The United States became a major supplier of LPG after an agreement signed in January, currently accounting for 67 per cent of India's LPG imports.
  • Alternative procurement was expanded to include countries such as the United States and Algeria.
  • To manage panic-driven surges in LPG cylinder bookings, which rose from 51 lakh to nearly 90 lakh, the government intensified enforcement against hoarding.