India LPG Shock: Commercial Cylinder Prices Surge Amid Global War and Hormuz Supply Crisis

India is witnessing a sharp rise in commercial LPG cylinder prices as the ongoing global conflict continues to disrupt energy supply chains. The latest revision has pushed the price of a 19-kg commercial LPG cylinder in Delhi to ₹2078.50, marking a steep increase of ₹195.50. This is the third price hike within a month, reflecting the growing strain on fuel availability due to geopolitical tensions, especially around the Strait of Hormuz. Other major cities have also seen significant increases. Prices have reached ₹2208 in Kolkata, ₹2031 in Mumbai, and ₹2246.50 in Chennai. The surge is directly linked to disruptions in crude oil and gas supply routes, which have been severely impacted by ongoing tensions in the Middle East. Despite the rising costs of commercial cylinders, the government has maintained stability in domestic LPG prices to shield households from immediate financial pressure. Officials emphasize that ensuring uninterrupted supply to homes remains the top priority, while commercial sectors such as restaurants and hotels bear the brunt of fluctuating global rates. The ripple effects of the crisis are expanding beyond LPG. Aviation turbine fuel (ATF) prices are also rising, sparking concerns over a potential hike in airfares. Authorities are exploring measures, including possible tax adjustments, to manage the impact. As long as the conflict continues, volatility in global energy markets is expected to persist, keeping both businesses and consumers on edge.

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