India buys LNG from Oman to offset supply cuts due to Strait of Hormuz closure and Qatar’s force majeure.

India’s state-owned gas company GAIL has bought a liquefied natural gas cargo from Oman, with the shipment expected to arrive around March 15. The purchase, made at $17–$20 per million British thermal units, aims to offset supply disruptions caused by the closure of the Strait of Hormuz and a force majeure declaration by Qatar. India imports about half its daily natural gas needs—195 million standard cubic meters—and is now prioritizing essential sectors like cooking gas, transport, and household use amid the crisis.