Indian refiners have raised liquefied petroleum gas (LPG) prices for the first time in nearly a year, citing disruptions in global supply caused by the ongoing U.S.-Israeli war on Iran.

Indian Oil Corp, the country’s largest LPG seller, increased the price of a 14.2-kg cooking cylinder in Delhi by 7%, bringing it to 913 rupees ($9.93). State refiners Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corp (HPCL) followed suit, adjusting prices in line with IOC.

Supply Disruptions Drive Costs

India is the world’s second-largest importer of LPG, consuming 33.15 million metric tons last year, with roughly two-thirds sourced from abroad. Middle Eastern LPG accounts for 85% to 90% of these imports, leaving the country particularly vulnerable to disruptions from the conflict in Iran.

The price increase also affects commercial 19-kg cylinders, used by hotels and restaurants, which have risen to 1,883 rupees from 1,768.50 rupees.

Measures to Avoid Shortages

In response to the supply squeeze, the Indian government has instructed refiners to increase domestic LPG production to prevent shortages, ensuring that both households and businesses have access to cooking fuel despite global volatility.

As the war in the Middle East continues, analysts warn that energy prices in India may remain volatile, with further increases possible if regional tensions persist.