Amid Iran war, commercial LPG prices rise; Centre hikes aviation fuel rates
The hikes are due to the closure of the Strait of Hormuz, a result of the US-Israel attack on Iran, and the subsequent increase in global crude oil prices.
Published Apr 01, 2026 | 10:27 AM ⚊ Updated Apr 01, 2026 | 10:27 AM
Commercial LPG cylinders. (iStock)
Synopsis: Amid the war in West Asia, state-owned oil companies in India announced a price hike for 19-kg commercial cylinders and five-kg mini cylinders. Prices for 5-kg mini cylinders have risen by ₹51, while 19-kg commercial cylinders have seen a hike ranging from ₹195–218. At the same time, the Union Ministry of Petroleum and Natural Gas announced a 25 percent hike in aviation fuel.
Amid the war in West Asia, state-owned oil companies in India announced a price hike for 19-kg commercial LPG cylinders and five-kg mini cylinders on Wednesday, 1 April. Prices for 5-kg mini cylinders have risen by ₹51, while 19-kg commercial cylinders have seen a hike ranging from ₹195–218.
After the revision, the price of a 19-kg commercial LPG cylinder in Hyderabad costs ₹2,321, a hike of ₹214.50. In Chennai, the price went up by ₹203, taking the current cost to ₹2,246.
Similarly, the same cylinder costs ₹2,078.50 and ₹2,031 in Delhi and Mumbai, respectively, with both cities witnessing a surge of ₹195.5. Kolkata witnessed a rise of ₹218, bringing the new rate to ₹2,208.
Meanwhile, the Union Ministry of Petroleum and Natural Gas announced a 25 percent hike in aviation fuel.
The hikes are due to the closure of the Strait of Hormuz, a result of the US-Israel attack on Iran, and the subsequent increase in global crude oil prices. The markets closed on Monday with crude oil price at $103.11 per barrel.
With the increase in the price of aviation fuel, air travel is also expected to cost more.
“ATF prices in India were deregulated in 2001 and are revised on monthly basis based on a formula of international benchmarks. Due to the closure of Strait of Hormuz and extraordinary situation in global energy markets, price of ATF for domestic markets was expected to increase by more than 100% on 1 April,” the Union Ministry of Petroleum and Natural Gas said in a statement.
“In order to insulate the domestic travel costs from the substantial increase in international prices, PSU Oil Marketing Companies of the Ministry of Petroleum, in consultation with Ministry of Civil Aviation, have passed only a partial and staggered increase of 25% (only Rs. 15/litre) to the airlines. Foreign routes will pay for the full increase in ATF prices consistent with what they pay in other parts of the world,” it added.
On 30 March, Ministry of Petroleum and Natural Gas Joint Secretary Sujata Sharma had said that there is adequate availability of petrol, diesel, LPG, and PNG in the country.
“To ensure this, the Government of India has taken several measures at multiple levels and continues to do so. Our refineries are operating normally, and crude inventories are sufficient. While most retail outlets are functioning normally, panic buying has been observed at some locations,” she added.