New Delhi, May 5 -- The US-Iran war, now in its third month, continues to put upward pressure on oil prices as it disrupts the supply of one-fifth of global oil exports through the strategic waterway - the Strait of Hormuz.

Due to fuel supply disruptions caused by the evolving situation in West Asia, the LPG commercial gas prices in India underwent a third revision since the conflict began on 28 April.

Prices of commercial LPG - the one used in hotels and restaurants - were hiked by Rs.993 to a record high of Rs.3,071.50 per 19-kg cylinder. The rates for 5-kg FTL or market-priced LPG cylinders were hiked from Rs.549 to Rs.810.50 per bottle.

The 5-kg FTL cylinder now costs just a shade lower than the Rs.913 rate for a 14.2-kg cylinder u...