Domestic LPG cylinder prices for households remain unchanged on Monday, April 6, providing some relief to consumers despite continued volatility in global energy markets due to tensions in the Middle East.
The price of a 19 kg commercial liquefied petroleum gas (LPG) cylinder was first increased by ₹144 in March, followed by another hike of approx ₹200 as of April 1. This has greatly increased the operating costs of restaurants, hotels and other businesses.
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The increase in prices is related to the lack of energy supplies. A major factor was disruptions around the Strait of Hormuz, a key global energy corridor. Uncertainty in this transportation route has limited supply and increased costs worldwide, contributing to higher LPG prices.
Citi-wise updated domestic and commercial LPG prices on April 6
CityDomestic (14.2 Kg)Commercial (19 Kg)New Delhi ₹913.00 ₹2,078.50 Calcutta ₹939.00 ₹2,208.50 Bombay ₹912.50 ₹2,031 Bangalore ₹915.15 ₹2,161 Chandigarh ₹922.50 ₹2,099.50 Gurgaon ₹921.50 ₹2,096.50 Noida 910.50 ₹2,078.50 chennai ₹928.50 ₹2,246.50 Patna ₹1,002.50 ₹2,353.50 Hyderabad ₹965.00 ₹2320.50
Iran has strengthened its control over the Strait of Hormuz by introducing a toll system and directing most vessels to follow a designated route near its coast. Over the past day, all large ships are said to have passed through the narrow northern channel between Iran’s Larak Island and Qeshm Island, Bloomberg reported.
The most notable recent cruise is the Ocean Thunder cruise, which is managed by the Turkish company Onn Denizcilik in Danismanlik, according to the Equasis maritime database.
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Tracking tanker movements has become more difficult due to electronic interference affecting ships’ signals. In addition, some vessels turn off their AIS transponders when navigating high-risk areas, further limiting the accuracy and timeliness of tracking data, according to Bloomberg.
Earlier on Saturday, five bulk carriers and three oil product tankers left the Persian Gulf, followed by two oil tankers and a liquefied petroleum gas (LPG) ship on Sunday morning. Four of the ships carrying bulk cargo left Iranian ports, and two said they were carrying food supplies, according to Bloomberg.
Iran War: What’s Latest?
An air strike early Monday hit a residential building in a city southwest of Tehran, killing at least 13 people, according to Iranian media reports.
The semi-official Fars News Agency and Nour News reported that the strike occurred near Eslamshahr.
The reason for the orientation of the building remains unclear. Neither Israel nor the United States claimed responsibility, but the attack followed a vulgar warning from US President Donald Trump to Iran demanding the reopening of the Strait of Hormuz, the AP reported.
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After rescuing a US airman more than a day after his fighter jet was shot down, Trump has increasingly aggressively threatened to destroy Iran’s power plants since Tuesday, warning that the nation will face “hell”.
Meanwhile, Iran rejected Trump’s latest ultimatum to reopen the Strait of Hormuz, saying full operations would only resume after war damage was compensated. Tehran also continued to target energy infrastructure in neighboring Gulf countries, including the oil hub of Kuwait.
(With input from agencies)
