Gas prices in India have surged as the ongoing Middle East crisis disrupts LPG supplies, leading to significant price hikes across the country.
What is driving the rise in gas prices in India?
The ongoing crisis in the Middle East has raised significant concerns regarding gas prices in India. This situation has led to a noticeable increase in the cost of liquefied petroleum gas (LPG), which is essential for domestic cooking.
As of March 11, 2026, the price of a 14.2 kg non-subsidised LPG cylinder in Delhi stands at ₹913.00, following a hike of ₹60 that took effect on March 7. India imports around 60 percent of its total LPG demand, primarily from the Middle East, making it particularly vulnerable to international supply disruptions.
Impact on the energy market
The crisis has not only affected LPG prices but also the broader energy market in India. Stocks related to gas supply, such as Adani Total Gas and Gujarat Gas, have seen sharp increases, with Adani Total Gas shares jumping by 13.08 percent. This surge is attributed to a price hike for industrial clients and disruptions in liquefied natural gas (LNG) supply routes.
Disruptions in shipments through the Strait of Hormuz, a key global energy transit corridor, have tightened supplies as tanker movement faces heightened security risks. The conflict in the Middle East has started to affect India’s energy market, particularly natural gas and LPG supplies.
Global implications
The situation is further complicated by international developments. Qatar has halted LNG production due to the ongoing conflict in West Asia, contributing to a global surge in natural gas prices. European natural gas prices surged nearly 40% last week following this news, indicating a ripple effect that could influence gas prices in India.
Domestic cooking gas prices have increased significantly, with commercial LPG prices rising by ₹114.5. The rise in prices reflects the broader trend of increasing energy costs driven by geopolitical tensions.
As India continues to rely heavily on imports to meet its cooking gas needs, the impact of these international developments remains a critical concern for consumers and businesses alike. The future of gas prices in India will depend on the resolution of the ongoing crisis in the Middle East and its implications for global energy supplies.
