New Delhi (Gurpreet Singh): Households across India are set to feel additional pressure on their monthly budgets after the Centre announced a fresh increase in the price of domestic LPG cylinders. The cost of a standard cooking gas cylinder has been raised by ₹29, with the revised rates taking effect immediately.
The latest revision comes amid continued uncertainty in global energy markets triggered by the ongoing conflict in West Asia. The region, which remains a major supplier of crude oil and natural gas, has witnessed growing instability, leading to fluctuations in international fuel prices and higher import costs for energy-dependent countries like India.
This is the second increase in domestic LPG prices since tensions escalated in West Asia. The repeated hikes have raised concerns among consumers, particularly middle-class and low-income families, who rely heavily on LPG for daily cooking needs.
Energy analysts believe the situation in international markets remains unpredictable. They warn that prolonged geopolitical tensions could continue to impact fuel supply chains and pricing trends, potentially leading to further revisions in the rates of cooking gas and other petroleum products.
The latest increase adds to the cost-of-living burden faced by households and reflects the broader impact of global developments on domestic energy prices.
