Reports indicate that commercial LPG cylinder prices have sharply increased in some parts of India due to supply concerns and rising global energy tensions.
In certain black markets, the price of a commercial LPG cylinder has reportedly reached around ₹3000.
The increase in prices comes at a time when global energy supply chains are facing disruptions due to geopolitical tensions in the Middle East.
These developments have affected the availability and transportation of fuel resources in several countries.
When supply becomes limited, demand in local markets rises, sometimes leading to illegal price hikes in the black market.