LPG Price Alert: Middle East Tension May Hit Your Kitchen

Written By: Danish

Middle East tensions may hike LPG prices in India. 2 out of 3 cylinders come from West Asia—any supply disruption will impact 33 crore homes.

Crisis

India imports 66% of its LPG, with 95% from West Asia (Saudi, UAE, Qatar). Just 16 days of reserves—any delay risks shortages & price spikes.

Dependency

War or sanctions could disrupt shipping, delaying LPG supply. Low storage (16-day stock) means India is vulnerable to sudden price surges.

Reason

India exports 40% petrol & 30% diesel. 25-day crude reserves & no panic buying keep fuel prices stable despite global tensions.

Petrol Safe?

Industry warns: Panic buying could create artificial scarcity. Refiners avoid bulk purchases, but consumers should stay alert for LPG hikes.

Warning

Oil companies keep petrol/diesel prices unchanged for 3 years. But LPG, heavily imported, faces higher risk of price fluctuations.

Government

Track LPG price updates. Consider alternatives if costs rise. Geopolitical risks mean kitchen budgets may need adjustment soon.

Prepare

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