The West Asia conflict continues to escalate as the US and Iran exchange warnings and global oil prices surge, with Brent crude rising to $109 a barrel. Here are the top updates at 10 am (IST)
Starting in Firozabad, where cooled furnaces and scattered shards of glass mirror fragile livelihoods, this six-part series traces the ripple of the West Asia war across India
As an LPG shortage linked to the West Asia conflict disrupts cooking gas supply in Indian cities, many migrant workers are leaving metros and returning to their hometowns
In March, India added 580,000 new households to its piped gas network, up from 342,300 a year earlier
Nomura believes oil marketing companies (OMCs) are likely to face margin pressure after the government raised prices of aviation turbine fuel (ATF) and commercial liquefied petroleum gas (LPG)
Jet fuel prices were partially raised to cushion domestic travellers despite global surge, while commercial LPG prices were hiked and domestic rates kept unchanged
LPG supply constraints are forcing restaurants to shut outlets, cut menus, and reduce hours, with industry losses estimated at up to ₹79,000 crore
PM Modi reviews measures across energy, agriculture and logistics sectors to mitigate the impact of the West Asia conflict and ensure supply stability
Coal demand in India is rising as the West Asia crisis disrupts gas supplies, prompting higher auctions by Coal India and pushing industries to reconsider fuel choices amid tightening energy markets
Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in Delhi. State-owned Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum revise ATF and LPG prices on the first day of every month based on international benchmarks and the exchange rate. Global oil prices have shot up almost 50 per cent after the war in West Asia disrupted energy supply chains. Petrol and diesel prices continue to remain frozen after a Rs 2 per-litre reduction in March last year; petrol currently costs Rs 94.72 per litre in Delhi and diesel Rs 87.62.
To strengthen the grievance redressal mechanism, a dedicated 24x7 LPG control room has been set up at the Mini Secretariat
Multiple sectors will come under pressure, complicating the government's plans for the year
India's E20 fuel rollout boosts ethanol blending, but rising fuel demand keeps crude import dependence high, raising questions on its impact on energy security
India adds over 3.1 lakh PNG connections in March as government extends drive to boost adoption amid LPG supply concerns and expand gas network coverage
India added more than 3.1 lakh new piped natural gas (PNG) connections in March and another 2.7 lakh connections were issued as the government accelerated expansion of cleaner fuel networks amid supply disruptions following the closure of the Strait of Hormuz. With the war in West Asia disrupting cooking gas LPG supplies, the government has been pushing for greater adoption of piped natural gas - considered more convenient than LPG cylinders for everyday use as gas is delivered through a pipeline directly to home without the botheration of booking refills. The war has effectively shut the Strait of Hormuz - the shipping lane through which India got most of its LPG. While LPG supplies have been disrupted, half of the country's requirement of natural gas is produced locally and for the rest there are diversified sources. "During the month of March, more than 3.1 lakh connections including domestic, commercial, hostel, mess, canteen etc. have been gasified. In addition to above, more .
Kerosene, once widely subsidised and used in India, was phased out with LPG expansion; now, amid global supply disruptions, the fuel is making a temporary return to households
A new LocalCircles survey found that 43% of household consumers reported experiencing LPG delays in the last week, indicating that nearly half of the respondents struggled to get timely deliveries
The government has granted temporary permission to OMCs to store kerosene up to 2,500 litres to ensure fuel availability for cooking purposes
The Central Government authorised on Sunday to make an ad hoc allocation of Public Distribution System (PDS) Superior Kerosene Oil (SKO) to the States and Union Territories (UTs) for distribution to households for cooking and lighting purposes, citing the ongoing West Asia conflict's disruption of energy supplies.The allocation includes the 21 states and UTs which are PDS SKO free.Earlier in the day, the Ministry of Petroleum & Natural Gas released a statement updating important steps undertaken to sustain uninterrupted energy supplies.In view of the continued closure of the Strait of Hormuz, proactive measures are being undertaken to maintain the uninterrupted availability of petroleum products and LPG across the country.All refineries are operating at high capacity, with adequate crude inventories in place. The country is also maintaining sufficient stocks of petrol and diesel.Domestic LPG production from refineries has been increased to support domestic consumption.28 ...
Two LPG carriers with 94,000 tonnes of cargo have crossed the Strait of Hormuz and are heading to Indian ports, even as supply pressures persist amid the ongoing West Asia crisis