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Economy News

The Economic Times

Economy / The Economic Times

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19-kg commercial LPG cylinder price hiked by Rs 993; Delhi rate now at Rs 3,071.50

The Iran war has led to a blockade of the Strait of Hormuz, the main transit route for Gulf energy supplies. While India has partly offset crude supply disruptions by sourcing oil from countries, including Russia, gas supplies have been curtailed to industrial users and LPG availability to commercial establishments, such as hotels and restaurants, has been reduced.

1 May 2026 6:43 am