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New Delhi, November 17, 2025 — In a landmark agreement, Indian state-run oil companies have inked a one-year contract to import 2.2 million tonnes of LPG from the United States in 2026, diversifying the country’s energy sources and strengthening ties with Washington.Under the deal, IOC, BPCL and HPCL will bring the LPG from the US Gulf Coast, accounting for nearly 10% of India’s LPG import needs. Prices will be linked to Mount Belvieu, a benchmark hub for LPG in the United States.According to Petroleum Minister Hardeep Singh Puri, the agreement ensures more stable and affordable LPG supplies for India, reducing…