Domestic LPG cylinder price increased by Rs 60 across India amid US-Iran war

The price of domestic cooking gas cylinders has been increased from Saturday, March 7, with the cost of a 14.2-kg LPG cylinder rising by Rs 60 across the country. According to sources cited by ANI, the revised rates have come into effect immediately, affecting households nationwide.

With the latest revision, the price of a 14.2-kg domestic LPG cylinder in Delhi has increased from Rs 853 to Rs 913. In Mumbai, the rate has risen from Rs 852.50 to Rs 912.50. In Kolkata, the price has gone up from Rs 879 to Rs 930, while in Chennai it has increased from Rs 868.50 to Rs 928.50.

The hike also impacts commercial users, with the price of a 19-kg commercial LPG cylinder rising by Rs 115. In Delhi, the price has increased from Rs 1,768.50 to Rs 1,883. In Mumbai, it has gone up from Rs 1,720.50 to Rs 1,835. Kolkata will see the price rise from Rs 1,875.50 to Rs 1,990, while in Chennai it will increase from Rs 1,929 to Rs 2,043.50.

Government Assures Adequate Energy Supply

The price increase comes amid discussions around India’s energy security as tensions in West Asia raise concerns over potential disruptions in global oil routes. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri reassured consumers that the country’s fuel supply remains stable.

“Our priority is to ensure the availability of affordable and sustainable fuel for our citizens. There is no shortage of energy in India, and there is no cause of worry for consumers,” Puri said in a post on X.

Meanwhile, Indian Oil Corporation dismissed rumours circulating on social media about a shortage of petrol and diesel, calling them baseless and assuring that fuel stocks remain adequate.

India Diversifies Crude Oil Sources

Government sources said India remains in a “very comfortable position” regarding crude oil, petroleum products and LPG supplies despite concerns linked to the Strait of Hormuz.

Officials noted that India has diversified its crude import basket in recent years to reduce dependence on any single route. Russia, which accounted for only 0.2 per cent of India’s crude imports in 2022, has emerged as a major supplier. In February, India imported about 20 per cent of its crude requirements from Russia, roughly 1.04 million barrels per day.

Sources also said LPG refineries have been asked to increase production, while imports from the United States have started arriving under a one-year contract for about 2.2 million tonnes of LPG from the US Gulf Coast for 2026.