India Edition

India’s Gas Policy Fails the Iran War Test

Confusion and panic have spurred a hoarding frenzy of gas cylinders, induction cookers and firewood.
A worker pushes a bicycle loaded with Hindustan Petroleum LPG cylinders in Mumbai.Photographer: Dhiraj Singh/Bloomberg

Welcome to the Thursday issue of India Edition; I’m Menaka Doshi. Each week, I bring you a ringside view of the billionaires, businesses and policy decisions behind India’s rise as an emerging economic powerhouse. You can subscribe here, and share feedback with me here.

This week: Why India hasn’t been able to duplicate its oil strategy with gas, travel cancellations and lessons from the past.