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Domestic LPG cylinder prices increased by Rs 60 in India amid the US-Iran confrontation.

Domestic cooking gas cylinder prices have increased since Saturday, March 7, with a 14.2-kg LPG cylinder costing Rs 60 more across the country. According to sources quoted by ANI, the revised tariffs went into effect immediately, affecting homes nationwide.
With the most recent modification, the price of a 14.2-kg household LPG cylinder in Delhi has risen from Rs 853 to Rs 913. In Mumbai, the fee increased from Rs 852.50 to Rs 912.50. In Kolkata, the price has climbed from Rs 879 to Rs 930, while in Chennai, it has jumped from Rs 868.50 to Rs 928.50.

The increase also affects commercial customers, with the cost of a 19-kg commercial LPG cylinder rising by Rs 115. In Delhi, the price rose from Rs 1,768.50 to Rs 1,883. In Mumbai, it has increased from Rs 1,720.50 to Rs 1,835. Prices would jump from Rs 1,875.50 to Rs 1,990 in Kolkata and from Rs 1,929 to Rs 2,043.50 in Chennai.
Government ensures enough energy supply.
The price increase coincides with discussions about India's energy security, as tensions in West Asia raise concerns about potential interruptions to global oil routes. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri assured consumers that the country's gasoline supply is stable."Our top concern is ensuring that our folks have access to affordable and sustainable fuel. "There is no energy shortage in India, and consumers should not be concerned," Puri wrote in a post on X.
Meanwhile, the Indian Oil Corporation denied reports on social media regarding a petrol and diesel scarcity, calling them unfounded and stating that fuel stockpiles are enough.
India diversifies its crude oil sources.
Despite fears over the Strait of Hormuz, government officials said India is still in a "very comfortable position" in terms of crude oil, petroleum products, and LPG supply.
Officials stated that India has diversified its crude import basket in recent years to lessen reliance on a single route.Russia, which contributed for only 0.2% of India's crude imports in 2022, has emerged as a significant supplier. In February, India purchased almost 20% of its oil demand from Russia, or approximately 1.04 million barrels per day.
According to sources, LPG refineries have been instructed to enhance production, and imports from the United States have begun under a one-year deal for around 2.2 million tonnes of LPG from the US Gulf Coast in 2026.