Surging global crude oil prices driven by the West Asia conflict have directly increased the cost of LPG imports, which constitute about 60% of India's supply, causing domestic and commercial LPG prices to rise sharply in India.

CURRENT STATE

As of March 7, 2026, domestic LPG prices in Delhi reached ₹913 for a 14.2 kg cylinder after a ₹60 hike, the first in 11 months, while commercial LPG prices surged by ₹115 on the same day, totaling a ₹302.50 increase in 2026. This reflects the strong influence of international crude price volatility and supply disruptions on India's LPG market.

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