Middle East War Chokes Strait of Hormuz! Argentina Emerges as India’s Savior Amid LPG Supply Crisis

The escalating conflict between Iran, Israel, and the United States has paralyzed the Strait of Hormuz, the world’s most vital energy transit point. For India, which relies on the Gulf for nearly 90% of its Liquefied Petroleum Gas (LPG) demand, this blockade has triggered a massive supply chain crisis. Amidst this turmoil, a new ally from South America—Argentina—has stepped in to bridge the gap and secure India’s energy future.
According to data from Reuters and Argus Media, LPG imports from Argentina have skyrocketed in early 2026. In just the last three months, approximately 50,000 tons of LPG have been dispatched from Argentina to Indian ports, doubling the entire volume imported in 2025. This is a staggering shift, considering that before 2024, Argentina had virtually no role in India’s energy matrix. While the Middle East remains on edge, the land of Lionel Messi has ensured a steady flow of fuel to Indian homes.
However, analysts warn that Argentina cannot yet fully replace the Gulf nations. The primary hurdle is the sheer geographical distance, which leads to longer transit times and significantly higher freight costs. The increased insurance premiums on long-haul shipments could potentially drive up domestic gas prices. Despite these logistical challenges, the rapid deepening of energy ties with Argentina represents a crucial diversification strategy for India in a fragmented geopolitical landscape.