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LPG prices go up by ₹60 as Iran-US war sends ripples across the world

 Energy supply disruptions due to the war in West Asia have hit the common man as State-run oil marketing companies on Saturday raised cooking gas prices across the country by ₹60 per 14.2 kg cylinder, taking the price of domestic liquefied petroleum gas (LPG) cylinders in Delhi to ₹913 — the highest retail price since August 2023.. Photo for representation (AFP). According to industry executives, the current rate hike reflects a partial transmission of the impact caused by an energy supply crunch in West Asia after the war in the region disrupted tanker movement through the Strait of Hormuz. This triggered a surge in benchmark Brent crude prices to $94.64 a barrel in Friday’s session before settling at $93.32, a nearly 27% jump in just one week. Similarly, halting of liquefied natural gas (LNG) supplies from Qatar saw Asian spot LNG prices surging more than double from about $10 per metric million British thermal unit (mmBtu) to about $25 mmBtu.. Also read: Over 52,000 Indians returned home from crisis-hit Middle East since March 1, says MEA. People aware of the matter, requesting anonymity, said that State-run companies are unlikely to raise petrol and diesel prices immediately as they have significant cushion to shield the consumer from the price shock. HT on March 6 reported that State-run refiners’ combined net profit exceeded ₹57,810 crore in the first nine months of FY26, a 192% increase from the ₹19,768 crore they earned in the same period in FY25.. The firms, however, decided to raise kitchen fuel rates for Indian households –– the first hike in 11 months. Cooking gas price in India was last raised by ₹50 a cylinder to ₹853 per cylinder on April 8, 2025.. City-wise retail prices vary because of transportation costs and local levies. The cost of a cylinder jumped to ₹939 in Kolkata from ₹879 on Saturday. Similarly, it cost ₹912.50 a cylinder in Mumbai (from ₹852.50) and ₹928.50 in Chennai (from ₹868.50).. Price of 19 kg commercial LPG cylinders, used for industrial purposes, also jumped by ₹114.50 to ₹1,883 per cylinder in Delhi.. Also read: Delhi heads into summers with hottest March week in 50 yrs, mercury up in north India. Three state-run oil marketing companies (OMCs) –– Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) –– dominate the retail LPG sector in the country. Poor households will also pay a higher price for gas, but they will continue to get the ₹300 per cylinder subsidy under the Pradhan Mantri Ujjwala Yojana (PMUY). 

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Rahul Gandhi arrives in Haryana’s Sonipat to attend wedding in farmer’s family

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Restaurants face LPG supply crisis, NRAI warns of ‘catastrophic closures’

 Restaurants across various parts of the country have reported shortage in the supply of commercial cooking gas, with the National Restaurant Association of India (NRAI) on Monday urging the Centre to intervene, saying any disruption to LPG cylinder supply will lead to a “catastrophic closure” of restaurants.. The association pointed out that a March 5 order issued by the Centre directing public sector oil marketing companies to ensure LPG is supplied to domestic consumers, has impacted the deliveries of commercial gas cylinders to restaurants. (Praful Gangurde/Hindustan Times). The development comes amid rising energy costs and supply constraints caused by the ongoing conflict in West Asia.. “The restaurant industry is predominantly dependent on commercial LPG for its operations. Any disruption therein will lead to a catastrophic closure of majority of restaurants,” NRAI, which represents around half a million restaurants across the country, said in a letter to the Union petroleum and natural gas ministry.. The association pointed out that a March 5 order issued by the Centre directing public sector oil marketing companies to ensure LPG is supplied to domestic consumers, has impacted the deliveries of commercial gas cylinders to restaurants.. In Bengaluru, hotel and restaurant operations are likely to be affected from Tuesday, following an abrupt halt in the supply of commercial gas cylinders, the Bangalore Hotels Association (BHA) said on Monday.. “Since the gas supply has stopped, the hotels will be closed from tomorrow,” the BHA said in a release.. Noting that the supply of commercial gas cylinders stopped on Monday, it said, since the hotel industry is an essential service, common people, students, and medical professionals, who rely on the hotels for daily meals, will be affected.. In Gurugram, several restaurants have reported disruption in the supply of commercial LPG cylinders, forcing eateries to consider alternative arrangements such as domestic cylinders or electric cooking equipment.. Rohit Arora, manager of a restaurant in Sector 29, said the establishment currently has enough stock for a few days. “Our vendor informed us that commercial LPG deliveries have been paused temporarily. We have backup cylinders that can last about three days. If the situation continues, we may have to shift to residential cylinders or reduce menu items,” he added.. In Pune, the civic body has temporarily closed the city’s gas crematoriums following restrictions on the use of LPG components such as propane and butane.. The Pune Municipal Corporation cited the Centre’s March 5 order, directing that available propane and butane be prioritised for domestic LPG supply across the country, for its decision to keep its gas crematoriums closed from March 5 until further orders.. LPG cylinder booking period increased from 21 to 25 days. Meanwhile, the minimum waiting period for booking a domestic LPG cylinder refill increased from 21 days to 25 

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