The ongoing Middle East crisis has raised significant concerns regarding gas prices in India, primarily due to disruptions in liquefied petroleum gas (LPG) supplies. As of March 11, 2026, the price of a 14.2 kg non-subsidised LPG cylinder in Delhi has reached ₹913.00, following a ₹60 increase on March 7.

India imports around 60 percent of its total LPG demand, primarily from the Middle East, making it particularly vulnerable to geopolitical tensions in the region. The crisis has led to a shortage of LPG, impacting domestic consumers and commercial users alike.

In addition to domestic LPG price hikes, commercial LPG prices have also risen, increasing by ₹114.5 per cylinder. This trend reflects broader disruptions in the energy market, with European natural gas prices surging nearly 40% last week after Qatar Energy halted production at a key LNG facility due to the conflict in West Asia.

Gas-related stocks have reacted sharply to these developments. Shares of Adani Total Gas, for example, jumped by 13.08 percent as the company raised gas prices for industrial clients in response to supply issues. Other gas-related stocks, such as Gujarat Gas, have also seen increases of up to 15%.

The Strait of Hormuz, a vital global energy transit corridor, is currently facing severe disruptions amid heightened security risks, further tightening supplies. Disruptions in shipments through this route have had a direct impact on gas prices in India, as noted by industry analysts.

“India relies heavily on imports to meet its cooking gas needs, with nearly 60% of its total LPG demand sourced from overseas,” an industry expert stated. This dependency underscores the challenges faced by the country in navigating the current energy crisis.

As the situation evolves, the impact of the Middle East crisis on India’s energy market remains a critical concern. The conflict has already begun to affect natural gas and LPG supplies, leading to increased prices for consumers.

Details remain unconfirmed regarding the long-term implications of these disruptions on gas prices in India. Stakeholders are closely monitoring the situation as they anticipate further developments in the region.

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