
LPG price hike: Prices of domestic cooking gas cylinders were hiked by a steep ₹60 each, as oil marketing companies factored in the liquid petroleum gas (LPG) supply issues due to the war in West Asia.
OMCs raised the price of 14.2 kg non-subsidised LPG cylinder by ₹60 across major cities in India. Data on the Indian Oil Corporation (IOC) website showed that the cylinder now costs ₹913 each in the national capital city of Delhi.
Further, price of the non-subsidised household LPG cylinder in Mumbai, Kolkata and Chennai now stand at ₹912.50, ₹939 and ₹928.50 respectively, the IOC website showed. This is with effect from 7 March.
Rates differ from state to state depending on the incidence of local sales tax or VAT.
| City list | 14.2 kg LPG cylinder price | Price hike |
|---|---|---|
| Bengaluru | ₹915.60 | ₹60 |
| Chennai | ₹928.50 | ₹60 |
| Delhi | ₹913.00 | ₹60 |
| Hyderabad | ₹965.00 | ₹60 |
| Kolkata | ₹939.00 | ₹60 |
| Mumbai | ₹912.50 | ₹60 |
| Source: OMCs, w.e.f 7 March 2026 | ||
Notably, this is the second increase in LPG cylinder rates in 11 months after a ₹50 hike in April 2025.
Iran has restricted use of the strategic Strait of Hormuz waterway amid attacks from the United States-Israel. The chokepoint handles about 20 mbpd of oil — around one-fifth of global consumption — and around one-fifth of global LNG trade, mainly from Qatar. Meanwhile, Gulf oil producers have started cutting output amid disrupted shipping in the region.
India consumes about 31.3 million tonnes of LPG annually, with around 62% imported. Much of these imports normally move through the Strait of Hormuz, where disruptions linked to the conflict in West Asia have tightened supplies.
The hospitality and restaurants sector in India is grappling with a growing shortage of commercial liquid petroleum gas (LPG) supply as the government has taken steps to temporarily limit cooking gas cylinders to high priority sectors such as education and hospitals.
Restaurants in major cities such as Bengaluru, Delhi, Hyderabad and Mumbai are warning that operations could be disrupted if supplies do not stabilise soon. Industry groups say eateries depend on frequent LPG deliveries and typically do not maintain large reserves, forcing some establishments to cut menus, reduce operating hours or consider temporary closures.
Further, with LPG supplies now temporarily restricted, food delivery platforms such as Swiggy and Zomato may also see some impact as restaurants recalibrate services after taking stock of their existing supplies, according to a Moneycontrol report.
(With inputs from PTI)
Jocelyn Fernandes is a journalist and editor with nearly 13 years of experience covering the business, corporate, economy and markets beats in news.<br> As chief content producer for around three years at Livemint (Hindustan Times), Jocelyn publishes breaking stories, explainers, features and live blogs on a range of business and economy topics, including the Budget, corporate developments, stock markets, income tax, money and personal finance, cryptocurrency, government policy, impact of US tariffs, international developments and more.<br> Jocelyn's writing philosophy is focused on delivering news in an accurate and accessible format for readers. She thus focuses her news coverage on explainers and FAQs in order to breakdown business, corporate, economic, and policy topics that are of importance to everyday readers.<br> She holds a Bachelors in Mass Media (BMM) and Post Graduate Diploma (PGD) in Journalism and Communication and has previously written for online business and markets news site Moneycontrol (Network18), Business-to-business (B2B) trade publications — the industry magazines Power Today and Solar Today (ASAPP Media), and the national news agency United News of India (UNI).<br> Outside of work, Jocelyn keeps up-to-date with local and international news, enjoys reading fiction books, novels and short stories, and enjoys movies, travelling and art. <br> She can be found on X and LinkedIn, and reached by email: <a href="jocelyn.fernandes@htdigital.in">jocelyn.fernandes@htdigital.in</a> <br> X/ Twitter handle: <a href="https://x.com/scribeJocelyn">@scribeJocelyn</a> <br> LinkedIn: <a href="https://in.linkedin.com/in/jocelyn-fernandes-journalist">LinkedIn</a>
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