LPG Shortage Hits India: Black Market Thrives as Prices Soar Amid Middle East Conflict

• LPG supply disruptions in India are escalating due to the ongoing Iran-US-Israel conflict, affecting households and businesses.
• Black market sales of LPG cylinders have emerged, with prices reaching up to Rs 5,000 against official rates of Rs 900 (domestic) and Rs 1,890 (commercial).
• Domestic LPG cylinder prices increased by Rs 60, while commercial cylinders saw a Rs 144 hike across the country.
• Major metro cities like Delhi, Mumbai, Kolkata, and Chennai report domestic LPG prices around Rs 912-939.
• Shortage attributed to increased domestic consumption, global energy market volatility, and logistical bottlenecks, with government assuring temporary nature.