LPG

ap485860281

It looks like LPG stocks appear to have already reacted sharply to recent events, while coal may not have potential upside fully priced-in yet.

Disastrous_Rent_6500

Coals cool, but future is too unpredictable. I like LPG better

absolutxtr

5 or 6 going rn. 1 LPG/crude tanker. 9 in last 24 hrs. Yup. Still closed!

kim82352

> An LPG tanker attempting to transit the Strait of Hormuz has been turned back. > Iran halted tanker transits again after Israel's strikes on Lebanon. Bloomberg reports just 3-4 ships crossed on Wednesday out of a normal daily average of 135. Over 800 vessels remain trapped inside the Gulf.

Potential_Vehicle535

$RBNE FTW! I like them because they have 2 first class LNG tankers and India is desperate for LPG at any cost since their ENTIRE domestic economy of a Billion+ folks runs on distributed LPG cylinders.

Potential_Vehicle535

Sorry, my bad, RBNE has 2 LPG carriers.

staythewaters

India uses LPG for cooking gas. Everything else is LNG.

sheep_classes

India uses LPG (propane/butane), not LNG.

Cute-Pomegranate-966

AI datacenter workloads use more energy than typical datacenters and said workloads are growing in usage at a 3x higher rate than typical datacenter workloads (database/hostedserver) So your "no" isn't a sufficient answer, explains nothing, and shows that you aren't seriously considering any data in this discussion Energy prices are without question being subsidized into the grid co-ops and the proof of that is the rising energy costs due to speculated power demand even without rising LPG/LNG costs (until recently anyways, now it will be fuel driven rising cost) They negotiate rates for these datacenters that they lock in for a decade, this is without question being subsidized by the rate payers, and to suggest otherwise is false. The 40% higher energy costs since the end of 2024 (national average, in rate payer areas near datacenters, people see 100-150% higher costs) to now are what i'm talking about (which will now go up further due to fuel price) Every source i can find on food imports shows 215 billion for food imports, 167 billion for exports. We have shifted to a net importer and comparing it as a trade deficit shows a severe lack of knowing what matters in this scenario. Many of these items cannot be grown here and thus would simply vanish or become prohibitively expensive. Claiming that "40b in total is pretty small" seems like the kind of fuckup and misunderstanding an ai model would have when asked a question without sufficient context. It's 215 billion, not 40. 40 is the deficit of import vs export. Fertilizer doesn't have cascading effects to global supply chain of food imports? yeah i guess you're a relatively unserious person in this regard, we'll chalk this one up to impossible gap close. Most of the layoffs for cars are lack of interest and bad products? Pretty sure it's cost shock actually, due to lack of ability for mfg's to even profit when selling with tariffs in place, and the recent ones are due to intermittent supply chain shock/gaps. That plus customer sticker shock at pricing. I never thought i'd meet a person that would dismiss 15% of the nations aluminum imports being lost as a non issue. Canada has already sold theirs elsewhere, it won't come to us from them anymore, replacing this amount will be expensive and laden with temporary shortages and gaps in shipments. >This sounds like idle rambling to me. Did you have a point? No, no point. Except that this causes an inevitable market capitulation via deflation and instability. You should understand if discussing this that is why i went there. It's not a massive overestimation. You can confirm via your own sources, but we will experience large price increases, longer mean time between shipments which knock on shortages due to lead times. Asian goods are 4-6% of our economic import, industrial chemical are about 2%, energy is about 3%. so anywhere from 9-11%, or ever so slightly under an 1/8th of our imports. It's fair that they are not disappearing (except for chemical inputs, those absolutely will). The rest will be price shock induced cascading effects that will drive inflation into probable deflation. I sincerely believe that the market isn't going to simply absorb this and outgrow it, as people are quite clearly stopping their participation in anticipation of even worse effects down the line. tl;dr: yes and not the no you keep repeating without expanding.

MIT_Engineer

> Depends on the type of datacenter. AI datacenters use vastly more energy than you suggest. No, they don't. > The energy prices are being subsidized by the citizens of the state. No, they aren't. > Why do you think the energy costs are 2x higher bro? What energy costs are you talking about...? > How much more can people take as they pass on costs to everyone but themselves? They aren't passing on costs to anyone, they're getting the same market rates as the rest of us. > How much food did we import? Our net imports are pretty small. $40b in total. And in many years we've been net food exporters. > Fertilizer has cascading effects. Hell the whole thing has cascading effects. No, I don't think it does. > I'm sure that car manufacturers that keep laying their employees off due toack of materials are needing that aluminum right about now. I'd say most of the layoffs have been because of a lack of interest in their cars (mostly because they make trash cars). > We burn empty well byproduct for energy by majority, LPG/LNG. The domestic cost of this is 3x what it was. The energy crisis won't be a shortage in this country lol. This sounds like idle rambling to me. Did you have a point? > You're talking about over 1/8th of what we attain from imports being gone No, lol, that's a massive overestimation. You think 1/8th of our imports are going to disappear? Be real. Jesus, I knew the bears were retarded, but I didn't know *how* retarded.

No_Feeling920

You mean like trying to use CNG in an LPG car (or vice versa)? 😄

Cute-Pomegranate-966

Depends on the type of datacenter. AI datacenters use vastly more energy than you suggest. The energy prices are being subsidized by the citizens of the state. Why do you think the energy costs are 2x higher bro? How much more can people take as they pass on costs to everyone but themselves? How much food did we import? Fertilizer has cascading effects. Hell the whole thing has cascading effects. I'm sure that car manufacturers that keep laying their employees off due toack of materials are needing that aluminum right about now. We burn empty well byproduct for energy by majority, LPG/LNG. The domestic cost of this is 3x what it was. The energy crisis won't be a shortage in this country lol. You're talking about over 1/8th of what we attain from imports being gone as a rounding error I can't take you seriously...no one should.

banff_lover

Government put a price cap because of upcoming elections. Gasoline prices are highly regulated in India. India doesn’t buy significant oil from Iran anymore due to sanctions. Some LPG for sure

Ill-Expression1737

A Japanese-affiliated tanker carrying liquefied petroleum passed through the Strait of Hormuz on Saturday and left the Persian Gulf, according to media reports. The Indian-flagged LPG tanker Green Sanvi, owned by the Mitsui O.S.K. Lines, became a second case of Japanese-affiliated vessel to have passed through the key waterway since the U.S.-Israeli attacks on Iran began, the Yomiuri newspaper reported. The tanker headed to India after leaving the Persian Gulf and all crewmembers are safe, Yomiuri said, quoting Mitsui as saying. On Friday, Mitsui’s LNG tanker Sohar LNG became the first Japanese-affiliated vessel to pass through the strait. Inquiry to Mitsui was not answered Saturday night.

OpenJolt

**Orders received and executed in the 2026 US-Iran conflict simulation.** Following the collapse of all mediation efforts, the United States and coalition partners have initiated **full-spectrum energy denial operations** against Iran. The objective is total and sustained degradation of the country's oil, gas, and electricity infrastructure — eliminating revenue streams and plunging urban centers into prolonged blackouts. ### Oil and Export Infrastructure - All major export terminals (Kharg Island — which has historically handled the bulk of Iran's crude shipments — along with Jask, Lavan, Sirri, Bandar Abbas, and Assaluyeh) are now under sustained kinetic and naval interdiction. - Production hubs in Khuzestan province and associated refineries (total domestic capacity ~2.6 million barrels per day) are being systematically neutralized. - Result: Iranian crude and condensate exports, already strained by the ongoing war, drop to effectively zero. No significant revenue from oil or petroleum products for the foreseeable future. ### Gas and Upstream Energy - The South Pars field (world's largest gas reserve and a cornerstone of Iran's condensate/LPG exports) is under repeated strikes, building on prior damage. - Associated processing and pipeline networks are rendered inoperable. ### Electricity Grid - Targeted operations focus on natural gas-fired thermal plants, which generate ~80-95% of Iran's power. - Key large-scale facilities supplying Tehran and other major cities (including high-capacity sites like Damavand) are prioritized. - While Iran's grid is decentralized across 150+ plants (reducing single-point failure risk compared to more centralized neighbors), the combination of physical destruction, cyber disruption, and sanctions blocking spare parts/transformers ensures cascading failures. - Projected outcome per operational modeling: Nationwide blackouts in urban centers lasting 12+ months, with rolling or permanent outages crippling water pumping, hospitals, industry, communications, and governance. ### Economic and Strategic Impact Iran's hydrocarbon sector (historically providing 40-85% of government revenues and the vast majority of export earnings) is now in a multi-year coma. No oil/gas income means no funding for the regime's military, proxies, or nuclear ambitions. The economy contracts sharply, with internal pressures mounting toward potential collapse. **Global side effects** (already materializing): Oil prices spike further as the market absorbs the loss of even Iran's reduced wartime exports. Regional allies face ripple effects, but the Strait of Hormuz remains the focal point of containment. This phase achieves your stated goals: zero meaningful energy revenue for years and cities without reliable electricity for a year or longer. Humanitarian costs will be severe and are acknowledged as part of total war. **Status: Operations ongoing. Awaiting further directives or real-time developments.**

xRedStaRx

No, far from it. The main classes: - **VLCC**: ~2M barrels - **Suezmax**: ~1M barrels - **Aframax**: ~500-600K barrels - **Panamax**: ~300-350K barrels Plus smaller product tankers and chemical tankers carrying maybe 50-300K barrels equivalent. So the per-barrel toll cost depends heavily on the vessel size. On an Aframax, $2M ÷ 500K barrels = **$4/barrel**. On a smaller product tanker carrying 100K barrels, you're looking at **$20/barrel**. That said, we don't know if Iran is charging a flat $2M regardless of size or if they're adjusting. The reporting just says "up to $2M" and it's ad hoc — there's no published tariff schedule. It's the IRGC running a shakedown, not a structured toll authority. For crude, most Gulf exports move on VLCCs and Suezmax, so $1-2/bbl is the realistic range for crude. But for refined products and LPG moving on smaller vessels, the per-barrel hit could be meaningfully higher.

Maleficent-Gur-5951

Preparing at home is the next viable option. But there is the demand for the LPG cylinders at home.

Actual_Difference617

So we can just quiet war and everything goes back to normal? How about the oil infrastructure damage, LPG infrastructure damage, etc? And there was no news of Strait even opening. It just a ‘taco’ wrapped in different clothes.

Maleficent-Gur-5951

I live in US and my parents live in South India. The reality is most restaurants are closed right now in India. The restaurants doesn't even have the LPG cylinders to run the business. It's ironical that many countries need to go through this eventhough they didn't cause it and so easy to say there is no shortage in US.

Maleficent-Gur-5951

The restaurants in India are already getting closed due to the high demand and costs for LPG cylinders. And the households are running out of them as well. Folks were trying to switch to Induction stoves but all have been sold out. Slowly, the food costs are going up.

Piano-bandit

Uncertainty is what is going on. And then in other news, Russia might be a top player in oil soon, US is trying to pivot to LPG, China been getting heavy on the renewable and India making moves on the sideline while Vietnam is about to be the hot emerging market this year.

15X2030

I’ve been having the thought lately, how many millions of people everywhere are being affected by this war. People in iran are dying, global markets affected, LPG/LNG shortages, electronic crises in some poorer countries

mayibefree

Unfortunately their fleet is mainly for LPG and refined products, not crude. Speculatively Interesting nonetheless.

NoBuyers

It's the crude oil tankers that really matter. LPG tankers, container ships etc. are not very significant.

Disastrous_Rent_6500

Dorian LPG. Massive profits this quarter, and they don’t need to go to the Persian Gulf for massive amounts of revenue.

LinearSpectrum2026

Perfectly stated. I put a similar comment before I read yours, perfectly written! You’re right it is Qatar’s LNG infra that was hit 17% (I incorrectly put it as LPG which is Oman). Market is definitely not factoring in the long term effects as you stated, and third world countries in Asia will be among the worst hit!

Inevitable-Scheme-38

India has about 8 frigates and an aircraft carrier escorting crude and LPG tankers through the Hormuz right now. Their supply is guaranteed for now, but the government is going to be paying a very high bill for emergency Oil & Gas subsidies.

LinearSpectrum2026

The problem isn’t as much Iran charging $2m, that comes to about $1 per barrel of oil which in itself not an issue. The problem is that contrary to what Trump is projecting, the straits of Hormuz are still closed (with a few exceptions) and Iran is clearly in control of this. Plus what the market, which is hyperfixated on Trump’s contradictory messaging, is forgetting is that there has been some not insignificant damage in this useless and unnecessary war to oil infrastructure. This will result in permanently high oil prices for the next 2-3 years, and definitely tip us in a recession, in addition to spreading misery in third world countries which will be impacted by LPG shortages.

13jfncjai31

While a couple Indian LPG carriers and Chinese vessels have successfully made it through the strait, the bottleneck so ridiculously bad that I don’t think it will matter. The average is roughly 138 vessels crossing per day. Currently it’s not even double digits numbers of ships making the transit. You cannot choke off 20% of the world's daily oil supply and expect the rest of the globe to be fine. Also, the real problem is the insurance. If there’s even a 1% of a ship getting blown up during transit then insurance will either not cover it or be so prohibitively expensive that it won’t matter. Plus, oil is a global commodity Even though China and India are physically receiving some oil, they are still subject to a global price surge. What are your thoughts on the spread between Dubai physical Crude and WTI, why would a crummier barrel which is usually priced at a discount of a couple bucks per gallon be selling for 130 (went to 170 last week) while WTI is only at 100? I think there’s a lot of manipulation in the futures markets to keep prices nominally low to calm panic but once the US refineries run out of pre war reserves they’ll HAVE to buy heavy oil on the market at spot price if we want to produce any diesel or jet fuel. Is my read wrong? I would really appreciate your input as someone who knows the oil markets more than me

Flaeskesdie

Call me crazy, but RBNE is a shipping company with 3 ships, 1 oil tanker and two LPG carriers. That's it. I don't know why they suddenly shot up today, besides the share buyback announcement, but I would be very very careful with investing in RBNE right now.

Roxorek

|**Type**|**Commodity**|**Country / Region**|**Severity**| |:-|:-|:-|:-| |EMERGENCY|electricity|Sri Lanka|MODERATE| |RATIONING|diesel|United Kingdom|MODERATE| |RATIONING|gasoline|United Kingdom|MODERATE| |PRICE SPIKE|gasoline|United States|MODERATE| |EMERGENCY|energy|Philippines|CRITICAL| |EMERGENCY|gasoline|United Kingdom|MODERATE| |SHORTAGE|fuel|Nigeria|MODERATE| |SHORTAGE|fuel|Philippines|CRITICAL| |SHORTAGE|gasoline|Bangladesh|SEVERE| |SHORTAGE|fuel|China|MODERATE| |RATIONING|fuel|EU country|MODERATE| |SHORTAGE|diesel|Australia|MODERATE| |SHORTAGE|LPG|India|MODERATE| |SHORTAGE|gasoline|United States|MODERATE| |PRICE SPIKE|high-octane\_fuel|Pakistan|SEVERE| |SHORTAGE|gasoline|Australia|MODERATE| |SHORTAGE|fuel|Sri Lanka|MODERATE| |RATIONING|gasoline|Slovenia|MODERATE| |PRICE SPIKE|diesel|Australia|MODERATE| |SHORTAGE|LPG|Cambodia|MODERATE| |RATIONING|petrol|Kenya|MODERATE| |SHORTAGE|gasoline|diesel|India (Gujarat)|MODERATE| |SHORTAGE|diesel|United States|SEVERE| |SHORTAGE|jet fuel|Africa|MODERATE| |SHORTAGE|diesel|Bangladesh|MODERATE| |PRICE SPIKE|diesel|Philippines|SEVERE| |PRICE SPIKE|gasoline|Philippines|SEVERE| |RATIONING|gasoline|Myanmar|MODERATE| |SHORTAGE|natural\_gas|India (Gujarat)|SEVERE| |RATIONING|gasoline|Kenya|MODERATE|

jrex035

>From March 1 to 1600 GMT on March 23, commodities carriers made just 144 crossings, according to analytics firm Kpler -- a 95 percent decrease from peacetime. That's really bad >Of these, 91 crossings were by oil and gas tankers and more than half were loaded, Kpler data showed, with most travelling east out of the strait. >"Traffic through the Strait of Hormuz continues to be severely disrupted," shipping intelligence journal Lloyd's List said in its latest update Monday. >On Monday, two Indian-flagged tankers carrying liquefied petroleum gas (LPG) and a China-bound carrier were among the latest to navigate the strait, according to Kpler. >Monday's crossings all appeared to have used a purported Tehran-approved northern route around Larak Island just off the Iranian coast. This certainly looks like a toll system/approval system, which means Iran has de facto control over the Strait. >Lloyd's List updated Monday that it has tracked more than 20 ships using the so-called corridor, with the majority Greek-owned but others Indian-, Pakistan- and Syrian-owned. Implies that Iran is making deals with some countries to allow some traffic through, curious what exactly they're getting through the agreement. >Of the oil and gas tankers, nearly 59 percent were under sanctions. >Since March 16, "anything heading westbound has been shadow fleet, gas carriers or tankers... they absolutely dominate the traffic going through," Diakun told the Lloyds briefing. This really suggests, again, that Iran controls the Strait and is benefitting from the current arrangement. >The JPMorgan analysts said overall 98 percent of the observable oil traffic through the strait was Iranian, averaging 1.3 million barrels a day "in early March". Yikes, that's really bad for the "don't worry the Strait isn't really closed" narrative

Concerned_Fanboy

>⁠Two Indian-flagged ⁠liquefied petroleum gas (LPG) tankers have sailed through ⁠the Strait of Hormuz although overall ⁠traffic through the critical waterway remains blocked, according to data and sources. Hundreds of ⁠ships remain stuck inside the Gulf with thousands of seafarers ‌stranded due to the US-Israeli war on Iran. lmfao how does India always fucking win it is incredible

hfbvm2

If people here read any international news they'd know how bad things are. We are currently losing hundreds of lives a day, which will only get worse. Just search LPG shortages or petrol shortages, which are LNG/gas synonyms. It's horrifying news, can't TACO out of that. Puts will print just don't know when

hfbvm2

Oh not like Europe announced stocking up gas and rationing today. It couldn't even make top 50 with all the bullshit going on. My wife's family in south asia has a bought a charcoal stove and charcoal because the dont expect lng to be available. Restaurants have shut down across south asia due to gas being only for domestic and government use. Just one google about LPG will tell you that everything you said is already happening.

Disastrous_Rent_6500

Both LPG and LNG are in the same boat, but we’ll see how much money these companies made next earnings report.

Disastrous_Rent_6500

Coal is cool. But I rather invest in LPG instead which is a cleaner alternative to coal and is also going through a gold rush right now.

sailortyx56

Bloomberg reporting that Iran Navy guided Indian LPG tanker through the Strait of Hormuz [Link](http://bloomberg.com/news/articles/2026-03-21/iranian-navy-guided-indian-tanker-through-strait-of-hormuz-crew-member-says) But I was told their navy was destroyed????

shryke12

China is extremely dependent on middle east LPG and oil.....

Icommandyou

A country of 1.5bn has already started rationing LPG and we barely into a month of this war

2020isgreat

The International Energy Agency suggests diverting the use of liquefied petroleum gas (LPG) away from transport applications. lmao[](https://x.com/FirstSquawk/status/2034874212507426999)

5uckmyd1ckb1t4

>While everyone is focusing on the supply side of energy, here is what nobody is discussing (yet): demand is falling off a cliff, as either prices are too high, or there simply aren't any physical inputs. First in Asia: > >With over half of Japan's naphtha imported, petrochemical producers are trimming output: >\- Mitsubishi Chemical and Mitsui Chemicals have reduced ethylene runs >\-Sumitomo Chemical may delay restarting Keiyo Ethylene and expects reduced rates even after restart. > >South Korea is also seeing pressure build across the sector. >\- YNCC, one of the region’s largest ethylene producers, has declared force majeure and is running its cracker at significantly reduced rates. >\- Both Lotte Chemical and LG Chem have warned customers that they may follow, and the government has temporarily designated naphtha an “economic security item” to manage dwindling stocks. > >In China, Sinopec has cut March refinery runs by about 10% to conserve crude stocks. >\- A Shell–CNOOC joint venture has shut its Huizhou ethylene cracker and told customers that polyethylene shipments are suspended indefinitely effective March 5 >\- Wanhua Chemical has declared force majeure for Middle Eastern customers amid severe LPG feedstock disruptions. > >In Indonesia, Chandra Asri is operating at reduced rates and has declared force majeure following a sudden halt in feedstock arrivals. > >In Taiwan, Formosa Plastics Group’s Taiwan Petrochemical declared force majeure on March 10 and indicated that, if shortages worsen, volumes will be allocated based on actual availability. > >India suspended shipments of LPG to commercial operators to prioritize supplies for households, leading to worries from hotels and restaurants that they may be forced to close.

tinydisaster

Ok so was this all a make BRICS great again? china has leverage over Iran to basically have de facto control over the strait now. They sell drone parts in and still get oil out. They have huge reserves and their manufacturing sector is probably still using cheap oil to operate. They can watch and learn what works and what doesn’t against US weapons now. Petroyuan. India - can buy cheap russian oil now. They are having LPG problems, but ships are moving through from Iran to them. Russia - can finance their petrostate at full price, since their economy was going broke under sanctions. Big money. Billions per day. Brazil- keep selling agricultural goods to China, undercutting USA farmers. I’m sure there are others, and obviously a global economic recession is bad for everyone on one level or another. Places like Egypt, Bangladesh are going to struggle to feed their population and without USAID we will have a global famine. Basically 🥭 has tanked SE Asian economies, Europe, US, and the global south that was unaffiliated.

shades255

Next leg up. LPG!

adheretohospitality

It is not just oil though. LNG and LPG. One THIRD of the worlds fertilizer trade, ammonia sulfur phosphates. Metals like copper, nickel, cobalt, about 9% of the primary aluminum output. It has all been put on hold for weeks now, supply lines are going to start to crack at some point.

GornsNotTinny

Yeah, I bought some Dorian (tkr: LPG) a while back and they haven't done much, but I'm not sorry I have them. I recall at the start of the Ukraine war LNG was in super high demand, and shipping was nowhere to be found. Now the situation is reversed, but it might be a good thing for US LNG in not too long.

Commercial_Try9096

The LPG passage exposes how desperate India’s situation is, not that it’s resolving: ∙ India had to invoke emergency powers to maximize LPG production, cut industrial sales to prioritize households, and banned consumers with piped gas connections from obtaining LPG refills. This is wartime rationing behavior from the world’s fifth-largest economy. ∙ India imports nearly 60% of its LPG requirements, and most shipments come from Gulf countries through Hormuz. Two ships carrying ~80,000 MT total is a band-aid on a structural dependency that moves millions of tons monthly. ∙ The fact that Modi had to personally call Pezeshkian to get two cooking gas ships through tells you how fragile India’s energy security actually is. This isn’t a country that has alternatives, this IS the alternative. India is now dependent on Iranian goodwill for basic household cooking fuel.

bikkhu42

mango thought operation would be short and people would overthrow the govt. they didn't. iran state machinery strong. Now mining the strait! hard to sail boat in sea with danger circle. global oil prices go up because India relies on Iranian LPG. Trump sad.

5uckmyd1ckb1t4

>HORMUZ OIL FLOWS NEAR STANDSTILL, GOLDMAN SACHS SAYS Goldman Sachs says oil shipments through the Strait of Hormuz have nearly stopped. Based on vessel tracking, flows have fallen from about 19.5 million barrels per day to just 0.5 million barrels per day over the past few days. After accounting for pipelines redirecting some supply, the net disruption to Persian Gulf exports is estimated at about 17.2 million barrels per day. Tracking is difficult, but two independent vessel-count sources showed no oil tankers crossing the strait on March 12. Reuters reported that Iran did allow two India-flagged LPG carriers to pass, with one escorted by the Indian Navy. Goldman says flows could recover through three scenarios: Iran selectively allowing some tankers through (such as those linked to China or India), a broader de-escalation of the conflict, or stronger naval protection for shipping. However, the bank warns recovery could take longer than expected. So far, none of the reported tanker attacks have involved Asian-flagged ships, which is significant since Asian buyers account for the majority of Hormuz oil shipments.

Careful-Trade-9666

Wait till someone points out that China has had oil tankers pass through the strait, India had LPG tankers pass through the strait. It’s like only one country isn’t allowed to transit its ships

Commercial_Try9096

The Iraq angle is under-discussed. Iraq’s crude goes through Basra, which feeds directly into the Gulf and out through Hormuz. They’re already shutting in production because there’s literally nowhere to send it. Kuwait declared force majeure. Qatar halted gas production after Iranian drone strikes on Ras Laffan. But here’s the second-order trade nobody’s talking about: India. India imports 85-90% of its oil, half through Hormuz. 60% of its LPG (cooking fuel for hundreds of millions) through the same corridor. 8 weeks of strategic reserves. Modi just called Iran for the first time since the war started — basically begging for safe passage for 28 stranded Indian ships. Goldman called India’s inventory cushion “much lower” than other Asian markets. INDA (iShares MSCI India ETF) is at $48, literally 1 penny from its 52-week low. Foreign investors already pulled a record $16.4B from Indian equities in 2025 and the selling has accelerated in 2026. It’s the most oil-vulnerable major economy in the world right now, and it’s barely on anyone’s radar here. September puts look interesting if you think Hormuz stays contested into summer.

Disastrous_Rent_6500

In 2024 I decided to put 50% of my portfolio into AI stocks. Since I realized “What can go wrong will go wrong” in the stock market, I hedged against the worst case scenario for AI stocks and bought one individual energy stock called Dorian LPG. The Thesis is: If China Attacks Taiwan, This stock will boom while my AI stocks crash. Unfortunately I was correct, but not in the way I expected. The Stock has not boomed at all, BUT because of the Iran War, the company is making more money I could have ever imagined right now.

Longjumping_Tree6561

JPMORGAN: OIL SUPPLY SHUT-INS MAY HIT 12M BPD Global oil production shut-ins could surge to 12 million barrels per day next week as shipping disruptions continue, according to JPMorgan Chase & Co.. Head of commodities research Natasha Kaneva said the massive supply gap means the market can only rebalance through lower consumption. However, she stressed this isn’t traditional “demand destruction.” Consumers still want fuels like diesel, jet fuel and LPG—but supply shortages mean they simply can’t get them.

RemarkableVictory990

**JPMORGAN: OIL SUPPLY SHUT-INS MAY HIT 12M BPD** Global oil production shut-ins could surge to 12 million barrels per day next week as shipping disruptions continue, according to JPMorgan Chase & Co.. Head of commodities research Natasha Kaneva said the massive supply gap means the market can only rebalance through lower consumption. However, she stressed this isn’t traditional “demand destruction.” Consumers still want fuels like diesel, jet fuel and LPG—but supply shortages mean they simply can’t get them. [](https://x.com/DeItaone/status/2032450297042260365)

SentientStarDirt

In India there is LPG shortages, Restaurants are shutting down, People have already started panic buying fuel. In a month or two we will enter battle royale conditions if this goes on.

Disastrous_Rent_6500

I would invest is Gas Carriers. They’re making record amounts of money in relation to their market caps ever. The one I’ve invested in for a year is Dorian LPG. The reason why I think it’s the best is because their revenue doesn’t rely on the Persian gulf at all, and all their ships are safe from attack.

Rough-Recording-3220

No, the common populace is not facing a LPG shortage because companies are forced to prioritise households over businesses, the only "shortage" was because people started panic buying and jammed all the mediums to order cylinders.

ThunderBirdy211

we are NOT facing LPG shortage stop with the Bs

Express-World-8473

>India, China and Russia all three making a killing Lol no, not in India atleast. Gas stations for Auto Rickshaws (Tuk-Tuks) got closed due to lack of CNG. Restaurants are on a strike as the government declared they would prioritise household LPG and workers are worried they would stop supplying commercial LPG. Schools have already raised the fees by 15% citing the war (which is bizarre, as there's no real life impact on prices yet). Induction stoves are out of stock already.

quick20minadventure

Nope. India is suffering due to the blockade. It's heavily energy reliant on that strait, while US is not. US can keep escalating this, while India is going to be LPG starved.

axinous_af

I can get my LPG cylinder now. Wow, it's always the small things like these that bring joy to life. 😉 With this as evidence, I can put some pressure on our LPG agency to deliver my pending cylinder ASAP.

HERE_COMES_SENAAAAAA

No we Indians aren't, we are already facing LPG shortage and soon maybe diesel and petrol shortage as well. Common populace is suffering because of Americans again.

kaapooj

LPG shortages india, fuel rationing in several asian countries trump's base e.g. r=conservative literally out for blood: e.g. >No, that demonstrates my point. Leadership was weak and restrained. For example, Iran was responsible for many US deaths and a fought us yet we did nothing. Then Obama handed them cash. I mean what a joke. So no not 2001. More like what we did to Germany and Japan. Iran has to inflict a high price on US, Israel to deter a new war in the next 3y, their only avenue id deep economical pain I have no hope for the market

Clear_Anything1232

Since the actual unblocking of strait is hard, there will be drip feeding of positive news G7 decides to use SPR France sending their entire navy to the strait G7 released the 100 barrels Majestic powerful G7 destroyers did a trial run of the strait Navy escorted a single tanker across the strait (the single part will omitted or exaggerated) Iran launchers destroyed 99.9999% Meanwhile, Pakistan has mandated wfh, India has mandated hold on commercial LPG cylinders and increased lead time for domestic refills

nemesis-2020

It’s because world is running out of LPG for Asian countries and families and restaurants can’t get food out…it’s becoming a nightmare in India 

OtherwiseVersion2316

Their oil tanker has variable daily rates. The LPG tankers are fixed for the year, at newly negotiated rates, yes

Secret_Block_8755

LPG in this case

Equityoxymoron

Not just oil but importantly gas (chemical industries includingthe manufacturing of electronics such as ram chips and pcp boards etc ) as well as the Middle East supplies most if not all of far east of Asia (Taiwan, Japan etc) .. expect China which is reliant on the power of Siberia pipeline Russia since 2021 been rushing the construction of 2 more pipelines .. including increasing LPG by ship deliveries as the straits are closed the only alternatives are Russia, small capacity in South American and of course the USA

Flat_Scientist8214

we don't care for LPG. LNG is where the big bucks go.

Impressive-Name5129

Since LPG is a byproduct of crude oil production. Do we just buy shares in oil and crude oil producers now

Impressive-Name5129

India invokes emergency powers, orders refiners to boost LPG output India has invoked emergency ⁠powers and directed ⁠refiners to maximise production of liquefied petroleum gas (LPG) to prevent a shortage of the cooking fuel after ⁠supply disruptions caused by the Middle East crisis, a government order showed. The world’s second-biggest importer of LPG last ⁠year consumed 33.15 million metric tonnes of cooking gas, which is a mixture of propane and butane. Imports account for about two-thirds of LPG consumption, with the Middle East making up about ‌85 to 90 percent of that supply. All oil refiners are asked to “maximise and ensure that propane and butane available with them are utilized for production of LPG”, the order issued late on Thursday showed. The country has about 332 million active LPG consumers, government data showed.

Impressive-Name5129

Indias govt has officially decleared an energy crisis. According to sources. The government has told LPG producers to ramp up gas production in the country. A source close to the matter says

IFeedDogsChocolate

I believe you're mistaken. China relies heavily on imported resources. However, we can agree that some of China's sentiments towards the Strait are just posturing. The oil that comes through the Strait is very significant tho. I could be wrong, but the Strait is about 10% of China's total import value. With 40% of their Crude oil imports and 20% of their oil consumption coming through the Strait. There's also LNG and LPG in play to a lesser degree. China has been stockpiling oil, that is true. Due to their consumption (which is only growing), tapping into their reserves outside of direct war is far from ideal. Their domestic production isn't that great either and they can't really scale it to their consumption needs. TL;DR China does stockpile oil for events such as war, but China isn't in war. Need imports to stockpile. A large amount of their energy imports rely on the Strait.

Disastrous_Rent_6500

India, Korea and Japan are not so lucky, being forced to pay a premium for LNG/LPG Ships at a record rates

Disastrous_Rent_6500

After looking at the freight rates today. Yes you’re right, they can ask for whatever they want now. Because the straight is gonna be locked up for a bit or at least in bottleneck for a bit, certain tankers become a lifeline. And the moment, LPG is my bet

Disastrous_Rent_6500

I’m invested in LPG. It’s 30% of my portfolio, and yes it’s confirmed, freight rates have skyrocketed because of what’s happening in the strait. Oil prices can do whatever, the freight rates will still rise because of the bottleneck in the strait. Convoys do absolutely nothing but cause a bottleneck that creates an effect of the strait being closed anyways. Tanker are in my opinion the biggest winners from this war.

DARKKRAKEN

It’s the LPG that is the real problem I think. Qatar produces 20% of the world’s supply and that is all trapped right now.

DARKKRAKEN

He said energy, so I presume he wants to cover the LPG tankers also.

bzl33

> India has 25 days of crude oil and refined oil stocks. Scouting for alternative sources for importing crude oil, LPG and LNG. Govt Sources: No Immediate plan to raise the prices of Petrol-Diesel: Govt Sources > The Japanese government has stated that they have 254 days of oil reserves.

magicjohnson89

They have 3. None are anywhere near the strait. One of their chartered LPG ships is out of contract this month.

MannerProfessional24

Brent Oil and $VG for LPG exposure. Until Iran situation resolved both are a sure thing. Stocks are sinking....

OtherwiseVersion2316

RBME Small oil and LPG tanker fleet Low market cap, low float, holding lots of cash and BTC. Assets 5x+ over market cap. Consistently great revenues even before skyrocketing transport rates and the closing of the Strait of Hormuz. Positive Q4 results posting soon. $1 million share buyback program in place. Went all the way to $70 following June 2025 strikes. Expect serious gains Monday morning.

OtherwiseVersion2316

RBME Small oil and LPG tanker fleet Low market cap, low float, holding lots of cash and BTC. Assets 5x+ over market cap. Consistently great revenues even before skyrocketing transport rates and the closing of the Strait of Hormuz. Positive Q4 results posting soon. $1 million share buyback program in place. Went all the way to $70 following June 2025 strikes. Expect serious gains Monday morning.

OtherwiseVersion2316

RBME Small oil and LPG tanker fleet Low market cap, low float, holding lots of cash and BTC. Assets 5x+ over market cap. Consistently great revenues even before skyrocketing transport rates and the closing of the Strait of Hormuz. Positive Q4 results posting soon. $1 million share buyback program in place. Went all the way to $70 following June 2025 strikes. Expect serious gains Monday morning.

OtherwiseVersion2316

Low float, small marketcap (which assets far exceed), great fundamentals, loads of free cash and bitcoin in the treasury, great Q4 results around the corner, buyback . This stock blew up in June 2025 with a much more limited attack in Iran. Shipping rates for oil/LPG were already at crazy highs and that hasn't hit the quarterly yet. 20x+ possible Monday morning. Expect a massive earnings beat soon too. With the strait of Hormuz closing up due to war in the region expect tanker rates to rise aggressively

Disastrous_Rent_6500

DHT, Frontline, Dorian LPG, BW LP, Skorpio Tankers

Disastrous_Rent_6500

Frontline or Dorian LPG

Disastrous_Rent_6500

Oil stocks. But for me I do tankers instead of oil companies for the dividends. Dorian LPG or Frontline is the move, or at least was the move

Disastrous_Rent_6500

Dorian LPG, and Frontline. And they give massive dividends

Disastrous_Rent_6500

Dorian LPG, Frontline are easy ones

OtherwiseVersion2316

My play is RBNE. Small oil and LPG tanker company with low flat that mooned in 2025 on US strikes

OtherwiseVersion2316

RBNE, Robin Energy. Small Oil and LPG tanker play with low float. Mooned in 2025 on US strike

OtherwiseVersion2316

To answer your question, no. I don't think war scares the market the way it once did. Regardless, rebalance. A lot of folks like defense, drones, oil. My only Iran play is RBNE, Robin Energy. Small oil and LPG tanker company with extremely low float

OtherwiseVersion2316

Oil and LPG tanker company with extremely low float

OtherwiseVersion2316

RBNE, Robin Energy Oil and LPG tanker company with extremely low float

SubstantialPlenty301

When peak oil is just around the corner, I don't think investing in a growing micro cap oil and LPG is the move...

Disastrous_Rent_6500

Na, just holding it. When your other plays are beating mostly everything, you can afford to be a long term investor. Also, I was down way more in my outperformers (down 50%) than I am with Novo so I just don’t care, I’m outperforming regardless after AMD and Dorian LPG rallied back, and despite NVO being hit.

Disastrous_Rent_6500

AMD, Dorian LPG, NOVO

Disastrous_Rent_6500

Anything that deal with hard assets like Energy, Utilities, Consumer staples, Dividend stocks, industrials, Materials, Commodities. For example look at these tickers: LPG,SHIP,FRO

Disastrous_Rent_6500

Don’t look at the news, they’re hiding where the money is actually going. It’s called the “HALO” trade. look at these tickers: LPG, FRO, SHIP YTD