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A record U.S. LPG import by India tightens global balances and supports U.S. exports; Middle East disruption adds substitution risk, likely pressing near-term prices higher; historical patterns show Asian demand surges can lift LPG spreads and spot prices when supply routes shift.
What happened, with direct paths to the underlying reporting
India is projected to import more than 1 million metric tons of LPG from the United States in June, a record, as New Delhi offsets Middle East disruption by sourcing from higher-cost suppliers. The milestone signals robust demand for U.S. LPG exports and could support near-term prices while signaling a shift in regional supply balances toward U.S. supply.
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