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India has increased the prices of commercial cooking gas and jet fuel for international airlines as supply disruptions linked to the ongoing Middle East conflict continue to mount.
The country, which relies heavily on energy imports, including for about 60 per cent of its liquefied petroleum gas (LPG) needs, has faced growing pressure on supplies since the conflict began in late February.
Authorities have prioritised fuel availability for households and essential sectors, a move that has left restaurants, manufacturers and some power producers facing higher costs and tighter supply conditions.
State-run Indian Oil Corporation said it has revised prices for bulk and commercial LPG cylinders, with data showing a sharp increase in the cost of a 19-kilogramme cylinder used mainly by businesses.
“Prices of bulk and commercial LPG cylinders have been revised.”
The hike, which varies across cities due to local taxes, represents a significant rise in the capital, New Delhi, and is expected to particularly affect the hospitality sector.
The company also confirmed an upward adjustment in the price of aviation turbine fuel for international flights, with rates in New Delhi rising by about five percent.
Despite the adjustments, the government maintains that there is no overall fuel shortage in the country.
