New Delhi, March 25 -- LPG price is revised on a monthly basis and is determined by the state-run oil companies. Following the onset of Middle East conflict, the price of Liquefied Petroleum Gas (LPG) witnessed significant increase of Rs.60 due to disruption in shipping and gas supplies.
The near-closure of the Strait of Hormuz, the waterway between the Persian Gulf and the Gulf of Oman serves, has caused global volatility in oil prices and energy crisis. Let's have a look at city-wise cooking gas rates.
Even though the prices of petrol, diesel and LPG remain steady across Indian cities, but uncertainty over future supply looms which has triggered panic buying. Notably, the Strait of Hormuz serves as a conduit for 40% of India's ...
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