LPG cylinder price on April 14: Check domestic and commercial gas rates in Delhi, Bengaluru, Mumbai, Kolkata today
India

LPG cylinder price on April 14: Check domestic and commercial gas rates in Delhi, Bengaluru, Mumbai, Kolkata today

Mint·12h ago·Fear

What Happened

US-Iran tensions have triggered a naval blockade near Iranian ports, causing global crude oil prices to surge 50%. India, dependent on the region for 40% of gas and 85-90% of LPG imports, faces supply shortages. The government prioritized domestic LPG household supplies over commercial users. Domestic cylinder prices remained steady after a March increase, while commercial rates rose twice. An Indian LPG carrier successfully crossed the Strait of Hormuz carrying 20,400 tonnes.

Key Entities

United StatesIranIndiaLPGStrait of HormuzIndian Oil CorporationBharat PetroleumHindustan PetroleumGreat Eastern Shipping CompanyJag Vikram

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