LPG Cylinder Prices Rise Amid West Asia Conflict: April 12 Rates in Major Cities
LPG cylinder price on April 12: Check domestic and commercial gas rates in Delhi, Bengaluru, Mumbai, Kolkata today
Mint
Image: Mint
The Indian government has increased LPG cylinder prices due to supply disruptions from the ongoing conflict in West Asia. Domestic LPG prices rose by ₹60 in March, while commercial rates saw two hikes totaling nearly ₹344. The situation remains stable, with the government urging consumers against panic buying.
- 01Domestic LPG prices increased by ₹60 in March, remaining stable since then.
- 02Commercial LPG prices have risen by ₹344 over the past two months.
- 03India imports approximately 60% of its LPG, heavily reliant on West Asia.
- 04The government assures adequate LPG supply despite global disruptions.
- 05The first Indian LPG ship crossed the Strait of Hormuz following a US-Iran ceasefire.
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The Indian government has raised the prices of both domestic and commercial LPG cylinders due to supply shortages linked to the ongoing conflict in West Asia, particularly affecting the Strait of Hormuz, a crucial route for energy shipments. Domestic LPG prices were increased by ₹60 in March and have remained steady since, while commercial LPG prices have seen two hikes totaling nearly ₹344 over the last two months, significantly impacting businesses like restaurants and eateries. Despite these challenges, the government maintains that the LPG supply in India is stable and has advised consumers against panic buying. Recently, an Indian LPG carrier, Jag Vikram, successfully crossed the Strait of Hormuz, marking a significant development amid the geopolitical tensions. This vessel is expected to arrive in Mumbai on April 15, 2026, carrying 20,400 tonnes of LPG.
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The price hikes in LPG cylinders will affect household budgets and operational costs for businesses, particularly in the food service industry.
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