India Faces LPG Supply Crisis Amidst Geopolitical Tensions
New Delhi: Disruptions in global energy supply chains, exacerbated by tensions in West Asia, are impacting India’s LPG market, leading to a surge in prices and a burgeoning black market. Small businesses and restaurants are bearing the brunt.
- Commercial LPG cylinder prices have soared by Rs 115 to Rs 1,884.50 (19kg).
- Black market prices have doubled or more.
- Some restaurants face closure or reduced menus.
- Induction cooktop sales quadrupled as an alternative.
- Industry body NRAI advises fuel conservation measures.
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