India raises LPG cooking gas prices again as Middle East conflict pushes up energy import costs

India has increased domestic cooking gas (LPG) prices for the second time since the outbreak of the Iran-related conflict, as rising global energy costs continue to strain fuel importers and state refiners.

The government raised the price of a standard 14.2-kilogram LPG cylinder by ₹29 nationwide, taking the retail price in New Delhi to about ₹942, according to data from state refiner Indian Oil Corporation.

Officials say the adjustment is aimed at offsetting growing losses faced by state-owned fuel retailers, which have been selling subsidized cooking gas below market cost.

India imports roughly two-thirds of its LPG demand, with a large share historically sourced from the Middle East. Disruptions linked to the ongoing Iran-related conflict have pushed up global import and shipping costs, increasing pressure on domestic pricing.

Government figures indicate the actual cost of supplying a single LPG cylinder has climbed to around ₹1,600, significantly higher than current retail rates even after the latest price hike.

The increase also adds to broader inflation concerns, as Indian consumers have already faced multiple fuel price adjustments in recent months, including rises in diesel and petrol prices. Authorities continue to balance subsidy burdens with household affordability amid volatile global energy markets.

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