India's Fuel Demand Falls 6.5%, LPG Consumption Drops 20%

India's fuel consumption declined 6.5% year-over-year in May, with LPG sales plummeting 20% due to Middle East supply disruptions and higher prices. Gasoline sales fell 6.1% while diesel consumption rose 1.6%. Weaker fuel demand signals economic slowdown in India, potentially pressuring the rupee against major currencies. Reduced energy imports could improve India's trade balance but indicates declining domestic activity.