New Delhi, April 21 -- The government had increased the prices of both domestic and commercial LPG cylinders after the outbreak of conflict in West Asia on February, 28. The hike was driven by supply shortages caused by disruptions in the Strait of Hormuz, a key route for the global energy shipments.

Tensions around the shipping route have intensified after Iran briefly opened the Strait of Hormuz on Friday only to reverse course within hours. Following the announcement, the United States imposed a blockade on vessels entering or leaving Iranian ports. Shipping activity through the strait has already dropped sharply since the start of the Iran conflict.

Dozens of commercial vessels passed through the strait before Iran reclosed the pass...