India LPG Gas Cylinder Shortage News Live Updates: Crude oil prices in the international market have surged by more than 40 per cent in just 15 days amid the ongoing war involving the United States, Israel and Iran, which has disrupted the energy supply route through the Strait of Hormuz and affected global energy markets, particularly in Asia. Before the war began, crude oil prices in international markets on February 27 were around USD 73 per barrel. However, by Saturday, prices had surged sharply to around USD 103 per barrel while WTI crude stood at $98.71 per barrel.
The rise from USD 73 to USD 103 per barrel represents an absolute increase of USD 30 and a percentage increase of approximately 41.1 per cent in a short span of time.
The recent intense military conflict between the US and Iran began on February 28, when U.S. and Israeli forces launched wide-ranging, direct attacks on Iranian military assets and leadership. Iran’s Supreme Leader Ayatollah Ali Khamenei was also killed in the US-Israel-led strikes.
The sharp jump in prices reflects growing concerns about global energy supply disruptions as the conflict escalates in the Middle East, with the Strait of Hormuz playing a crucial role in global oil transportation.
Petrol Price, Diesel Price Today: In the retail fuel market in India, the prices of petrol and diesel in major metros remained largely stable. The price of petrol in Kolkata stood at Rs 105.45 per litre, while in Mumbai, it was Rs 103.54 and in Chennai, Rs 100.80. Diesel prices were Rs 92.02 per litre in Kolkata, Rs 90.03 in Mumbai, and Rs 92.39 in Chennai, with no significant daily changes reported.
LPG, CNG Price Today: There was a sharp rise in the LPG prices across the country. The domestic LPG (14.2 kg) price in Uttar Pradesh (Lucknow) is at Rs 950.50, reflecting an increase in price compared to last month’s rate of Rs 890.50. Similarly, the cost of a 14.2-kg domestic LPG cylinder rose by Rs 60, reaching Rs 939 in Kolkata and Rs 913 in Delhi. 19 kg commercial LPG cylinders increased by Rs 144, with prices touching Rs 1,988.50 in Kolkata and Rs 1,884.50 in Delhi.
Over the past 12 months, the LPG price trend has been increasing, with an increase of Rs 60 from April 2025 to March 2026. The most significant price increase was Rs 60 in March 2026.
