As global crude oil prices continue to rise, India has significantly increased the price of commercial LPG gas. The government has raised the price of a 19 kg commercial LPG cylinder by an average of INR 993.

Following the hike, the price of a single cylinder in Delhi has reached INR 3,071.50. However, to provide relief to the general public, prices of domestic LPG, petrol, and diesel have been kept unchanged for now.

The price hike is largely attributed to rising global crude oil costs and ongoing geopolitical tensions. Oil companies have reported heavy losses due to selling fuel at lower prices than procurement costs, prompting the increase in commercial sector pricing.

The sharp rise in LPG prices is expected to impact hotels, restaurants, and small food businesses significantly. As operational costs rise, businesses may increase food prices, making dining out and food delivery more expensive for consumers.