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LPG Shortage Hits India Amid Panic Buying, Price Hikes

3/21/2026

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Summary

Story summary

The Government of India faces a significant LPG shortage caused by disruptions in supply routes, notably through the Strait of Hormuz.
Panic buying has led to long queues and price hikes, with some cylinders costing up to 2,500 rupees.
Many restaurants and hotels have reduced menus or switched to alternative cooking methods.
The Government of India has prioritized LPG for essential services, while reports of hoarding and black market sales have emerged.
As India negotiates with Iran for safe passage of stranded vessels, analysts warn that the country may face ongoing supply challenges and potential rationing in the future.

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Story summary

The Government of India faces a significant LPG shortage caused by disruptions in supply routes, notably through the Strait of Hormuz.
Panic buying has led to long queues and price hikes, with some cylinders costing up to 2,500 rupees.
Many restaurants and hotels have reduced menus or switched to alternative cooking methods.
The Government of India has prioritized LPG for essential services, while reports of hoarding and black market sales have emerged.
As India negotiates with Iran for safe passage of stranded vessels, analysts warn that the country may face ongoing supply challenges and potential rationing in the future.