The headline impact of the ongoing US-Israel versus Iran war in India has so far largely been limited to gas — LPG for cooking and LNG for industries. On the other hand, the supply of petrol, diesel, piped and compressed natural gas for homes and vehicles has seen no major disruptions. But if the war drags on, the second-order effects will start showing. As gas supplies to petrochemical plants are curtailed, it would force cuts in production of polyethylene, polypropylene and polyvinyl chloride. The same goes for polyester and other synthetic textile fibres, whose prices have moved up in tandem with crude.

Source: Indian Express March 23, 2026 12:37 UTC