The recent US naval blockade of Iranian ports has created significant uncertainty for energy cargo movements across the Gulf, leading to a surge in Brent crude prices, which have risen above $100 per barrel. This blockade threatens to strangle Iranian oil supplies, potentially removing 1.5 million barrels per day from the global market. India, which has secured substantial crude and liquefied petroleum gas (LPG) from Iran, now faces delays for around 15 vessels in the Gulf, risking tighter domestic energy supplies. While the Indian government maintains confidence in its crude and LNG supplies, industry executives warn of emerging LNG shortages and rising prices, which have doubled, making it unaffordable for many industries. Furthermore, domestic LPG consumption has decreased by 13% in March due to curtailed supplies, as India seeks alternative sources globally, including from Argentina, the US, Russia, and Africa.