🇮🇳🇺🇸⚡India's LPG push amid the Strait of Hormuz crisis tightens global fuel supplies, pushing California petrol above $6/gallon as alkylate exports from Indian refiners drop.
April alkylate exports fell to 33,000 barrels/day, nearly 50% lower than March. California relies on blend components from refiners like Reliance Industries.
Analysts warn prices could hit $6.50 if the West Asia conflict continues.
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