Gas cylinder shortage explained: Why LPG cylinder prices have increased and will there be any other hike if Iran-Israel conflict escalates? Read more at: https://economictimes.indiatimes.com/wealth/invest/gas-cylinder-shortage-explained-why-lpg-cylinder-prices-have-increased-and-will-there-be-any-other-hike-if-iran-israel-
Gas cylinder shortage explained: Why LPG cylinder prices have increased and will there be any other hike if Iran-Israel conflict escalates? Oil and natural gas companies in India have increased Liquified Petroleum Gas (LPG) cylinders prices due to factors related to the Iran-Israel conflict. The issue of increased LPG prices has caught nationwide attention as queues of people outside gas agencies can be seen. The LPG price hike issue was also raised in the Parliament today (March 11, 2026) when the Congress-led opposition raised slogan.. Why has the cost of LPG cylinders increased in India? Global gas prices have risen sharply as the prolonged disruption in the Strait of Hormuz near Iran has tightened gas and oil supplies amid the escalating conflict involving Iran and the Israel–United States alliance. The ripple effects of the conflict are now starting to reflect in LPG prices across major Indian cities. India remains dependent on imports to meet its cooking gas req...