Domestic liquefied petroleum gas (LPG) prices have been increased by ₹29 per cylinder, marking another rise in cooking fuel costs as escalating tensions in West Asia continue to drive up global energy prices and India’s import bill.
The latest revision comes amid sustained volatility in international crude oil and LPG markets, with disruptions to regional supply chains and heightened geopolitical risks pushing up the cost of fuel imports. India, which relies heavily on imported LPG to meet domestic demand, has been particularly vulnerable to fluctuations in global energy markets.
Industry sources said the increase reflects the higher landed cost of LPG imports, as freight charges, insurance premiums and benchmark fuel prices have risen sharply following the ongoing conflict in West Asia. Concerns over potential disruptions to key shipping routes have also added pressure to energy markets.
The price hike is expected to impact household budgets across the country, especially among urban and rural consumers who depend on LPG as their primary cooking fuel. Commercial establishments that use LPG are also likely to face increased operating costs.
Energy analysts noted that international LPG prices have remained elevated in recent weeks due to supply uncertainties and stronger demand in several Asian markets. The weakening of supply conditions has coincided with increased risk premiums on cargoes moving through the region.
India’s oil marketing companies periodically adjust LPG prices based on global market trends, exchange rate movements and import costs. The latest increase follows a series of revisions in recent months as energy markets continue to react to geopolitical developments.
With tensions in West Asia showing little sign of easing, industry observers expect fuel prices to remain sensitive to developments in the region. Any further disruption to crude oil or LPG supply routes could lead to additional pressure on import costs and domestic fuel prices in the coming weeks.
The latest LPG price revision underscores the broader economic impact of the West Asia crisis, which is influencing energy costs, shipping expenses and trade flows across global markets.