LPG crisis updates: Those trying to cause panic are harming the country, says PM Modi
Kartavya Desk Staff
#### Key Updates
• PM Modi hits out at those creating panic on LPG; asks States to monitor black marketers, hoarders
• Telangana | Toll-free 1967 to report LPG supply issues
• Editorial: Policy missteps: On the government’s handling of India’s fuel crisis
• What is cheaper to cook with, LPG or induction?
• U.S.-Israeli-Iran war: why oil prices are suddenly surging worldwide| Explained
• India’s LPG crunch explained: What caused it and what happens next? | The Hindu Explains
• Uptake of induction stoves sluggish in low-income Indian households
• Why is India staring at LPG shortage?
#### Explainer | Lacking long-term storage, India must rely on imports to manage LPG supply
The government had said on Wednesday (March 11, 2026) that recent measures taken have led to a 25% increase in domestic liquefied petroleum gas (LPG) production. A quick calculation shows that this amounts to 10% of LPG consumption on a daily basis, still leaving a shortfall of 50% that will need to be filled by LPG imports quickly since India doesn’t have much strategic, long-term storage.
Lacking long-term storage, India must rely on imports to manage LPG supply
India's LPG supply relies heavily on imports due to limited long-term storage, despite a recent increase in domestic production.
#### PM Modi hits out at those creating panic on LPG; asks States to monitor black marketers, hoarders
Prime Minister Narendra Modi on Thursday (March 12, 2026) hit out at those trying to create panic on the LPG situation in India, and said they are not only exposing themselves before the people but also hurting the country.
Addressing a summit in New Delhi, Mr. Modi also said that due to the ongoing conflict in West Asia, no nation has remained unaffected, but India is fully committed to addressing this challenge and is leaving no stone unturned to safeguard its energy security.
LPG crisis: PM Modi hits out at those creating panic; asks States to monitor black marketers, hoarders
PM Modi condemns panic over LPG, urges states to combat black marketing, and emphasizes India's energy security amid global crises.
• March 13, 2026 05:10 In Karnataka, Mandya DC assures no disruption in domestic LPG supplyMandya Deputy Commissioner Kumar has assured the public that there is no need to panic over the supply of domestic cooking gas, stating that there will be no disruption in LPG supply in the district.Speaking at a meeting held with representatives of oil marketing companies — HPCL, BPCL and IOCL — he said that there is no shortage of domestic LPG cylinders in the district at present.Dr. Kumar said the district requires about 12,000 LPG cylinders daily for domestic use and over three lakh cylinders per month, and assured that adequate arrangements will be made to meet the demand.Read full report here
Mandya Deputy Commissioner Kumar has assured the public that there is no need to panic over the supply of domestic cooking gas, stating that there will be no disruption in LPG supply in the district.
Speaking at a meeting held with representatives of oil marketing companies — HPCL, BPCL and IOCL — he said that there is no shortage of domestic LPG cylinders in the district at present.
Dr. Kumar said the district requires about 12,000 LPG cylinders daily for domestic use and over three lakh cylinders per month, and assured that adequate arrangements will be made to meet the demand.
• March 13, 2026 04:42 LPG cylinder shortage issue leads to uproar in Chhattisgarh AssemblyOpposition Congress MLAs on Thursday (March 12, 2026) claimed that people in Chhattisgarh have been facing a shortage of cooking gas cylinders, demanding a discussion in the State Assembly on the measures being taken to ensure smooth supply amid the West Asia conflict.The Opposition’s demand for discussion was disallowed by the Chairperson who cited that the matter pertained to the Centre. The Congress MLAs trooped into the Well of the House raising slogans against the government, leading to their automatic suspension.Read full report here
Opposition Congress MLAs on Thursday (March 12, 2026) claimed that people in Chhattisgarh have been facing a shortage of cooking gas cylinders, demanding a discussion in the State Assembly on the measures being taken to ensure smooth supply amid the West Asia conflict.
The Opposition’s demand for discussion was disallowed by the Chairperson who cited that the matter pertained to the Centre. The Congress MLAs trooped into the Well of the House raising slogans against the government, leading to their automatic suspension.
• March 13, 2026 04:12 West Bengal Govt. frames SOP to avert fuel crisisThe West Bengal government on Thursday (March 12, 2026) chalked out the standard operating procedure (SOP) to manage the supply and distribution of liquefied petroleum gas (LPG) amid reports of fuel shortage in the country triggered by the conflict in West Asia.Chief Minister Mamata Banerjee had called for the framing of an SOP at an emergency meeting on Wednesday (March 11) to discuss ways to mitigate the situation.West Bengal govt. frames SOP to avert fuel crisis, ensure continuity of critical public servicesWest Bengal government establishes SOP to manage LPG supply and prevent fuel crisis, ensuring essential services continuity amidst shortages.
The West Bengal government on Thursday (March 12, 2026) chalked out the standard operating procedure (SOP) to manage the supply and distribution of liquefied petroleum gas (LPG) amid reports of fuel shortage in the country triggered by the conflict in West Asia.
Chief Minister Mamata Banerjee had called for the framing of an SOP at an emergency meeting on Wednesday (March 11) to discuss ways to mitigate the situation.
West Bengal govt. frames SOP to avert fuel crisis, ensure continuity of critical public services
West Bengal government establishes SOP to manage LPG supply and prevent fuel crisis, ensuring essential services continuity amidst shortages.
• March 13, 2026 03:47 TTD fortifies LPG reserves amid West Asia warAmid mounting global anxieties over energy security, triggered by the intensifying conflict in West Asia, the Tirumala Tirupati Devasthanams (TTD) has fortified its fuel reserves, ensuring that the famed temple remains insulated from the ripple effects of a potential LPG crunch.While the war in the volatile West-Asia region continues to rattle international energy markets and raise fears of supply disruptions in petro products and cooking gas (LPG), the temple administration has moved with calculated foresight to safeguard the uninterrupted functioning of the sacred temple body.The temple ecosystem atop Tirumala depends heavily on LPG for its daily operations, consuming nearly six tonnes of the fuel every day to sustain its vast culinary infrastructure.TTD fortifies LPG reserves amid West Asia warTTD strengthens LPG reserves amid West Asia conflict, ensuring uninterrupted operations for Annadanam and laddu production at Tirumala.
Amid mounting global anxieties over energy security, triggered by the intensifying conflict in West Asia, the Tirumala Tirupati Devasthanams (TTD) has fortified its fuel reserves, ensuring that the famed temple remains insulated from the ripple effects of a potential LPG crunch.
While the war in the volatile West-Asia region continues to rattle international energy markets and raise fears of supply disruptions in petro products and cooking gas (LPG), the temple administration has moved with calculated foresight to safeguard the uninterrupted functioning of the sacred temple body.
The temple ecosystem atop Tirumala depends heavily on LPG for its daily operations, consuming nearly six tonnes of the fuel every day to sustain its vast culinary infrastructure.
TTD fortifies LPG reserves amid West Asia war
TTD strengthens LPG reserves amid West Asia conflict, ensuring uninterrupted operations for Annadanam and laddu production at Tirumala.
• March 13, 2026 03:35 Customers rush to book domestic LPG refills in Telangana's Hyderabad; A.P. says no need for panic bookingIn Hyderabad, domestic LPG customers experienced difficulties for the second day consecutively, on Thursday (March 12, 2026), in placing orders successfully for the refills.Panic booking by the households in Telangana’s capital is the main reason, sources in the oil industry attributed, adding that customers of all three public sector oil companies, IOC, BPCL and HPCL, encountered challenges. Read full report hereMeanwhile in the neighbouring State, the Andhra Pradesh government clarified that the situation was under control and no dry-outs had been reported at any LPG bottling plants.In an official statement, the government informed that the total LPG stock availability as on Thursday (March 12, 2026) was 17,962 MT, while there were 161.19 lakh LPG connections in the State.
In Hyderabad, domestic LPG customers experienced difficulties for the second day consecutively, on Thursday (March 12, 2026), in placing orders successfully for the refills.
Panic booking by the households in Telangana’s capital is the main reason, sources in the oil industry attributed, adding that customers of all three public sector oil companies, IOC, BPCL and HPCL, encountered challenges.
Meanwhile in the neighbouring State, the Andhra Pradesh government clarified that the situation was under control and no dry-outs had been reported at any LPG bottling plants.
In an official statement, the government informed that the total LPG stock availability as on Thursday (March 12, 2026) was 17,962 MT, while there were 161.19 lakh LPG connections in the State.
• March 13, 2026 02:19 Watch | What’s the cheaper option to cook during LPG shortage?
• March 13, 2026 01:32 Teams deployed in Maharashtra to prevent hoarding of LPG cylindersAmid fears of hoarding and black marketing of LPG cylinders in Maharashtra, officials at the taluka level have formed teams to monitor illegal stockpiling.“Another advisory will be issued to prioritise consumers under commercial LPG supply. Every taluka has set up a team under the tehsildar. We are also resolving complaints as we receive them, inspecting places where there is a possibility of hoarding, and taking strict action,” said Pune District Collector Jitendra Dudi.Residents were seen standing in long queues outside LPG cylinder supplying agencies in Solapur, Amravati, and Thane districts, and the State capital, Mumbai.Read full report here
Amid fears of hoarding and black marketing of LPG cylinders in Maharashtra, officials at the taluka level have formed teams to monitor illegal stockpiling.
“Another advisory will be issued to prioritise consumers under commercial LPG supply. Every taluka has set up a team under the tehsildar. We are also resolving complaints as we receive them, inspecting places where there is a possibility of hoarding, and taking strict action,” said Pune District Collector Jitendra Dudi.
Residents were seen standing in long queues outside LPG cylinder supplying agencies in Solapur, Amravati, and Thane districts, and the State capital, Mumbai.
• March 12, 2026 23:01 Meghalaya govt activates monitoring mechanism to track LPG supply, distribution The Meghalaya government has activated a State-level monitoring mechanism under the chief secretary to track LPG supply and distribution daily, Food, Civil Supplies and Consumer Affairs Minister Methodius Dkhar said on Thursday.The authorities also assured that an adequate stock of liquefied petroleum gas (LPG) is available across the State and urged consumers not to panic.-- PTI
The Meghalaya government has activated a State-level monitoring mechanism under the chief secretary to track LPG supply and distribution daily, Food, Civil Supplies and Consumer Affairs Minister Methodius Dkhar said on Thursday.
The authorities also assured that an adequate stock of liquefied petroleum gas (LPG) is available across the State and urged consumers not to panic.-- PTI
• March 12, 2026 21:37 Bengal government issues SOP for LPG supply monitoring, sets up 24x7 control room The West Bengal government on Thursday issued a Standard Operating Procedure (SOP) to ensure coordinated monitoring of LPG supply and distribution, while announcing the setting up of a round-the-clock control room at the State secretariat Nabanna to address supply-related grievances.The decision was taken during a special meeting chaired by Chief Minister Mamata Banerjee at Nabanna with officials of all departments, with district authorities joining the discussion virtually to review the LPG supply situation across the state.Banerjee said the State government is keeping a close watch on gas supply to hospitals, households, schools and other institutions, and hoarding will not be tolerated.-- PTI
The West Bengal government on Thursday issued a Standard Operating Procedure (SOP) to ensure coordinated monitoring of LPG supply and distribution, while announcing the setting up of a round-the-clock control room at the State secretariat Nabanna to address supply-related grievances.
The decision was taken during a special meeting chaired by Chief Minister Mamata Banerjee at Nabanna with officials of all departments, with district authorities joining the discussion virtually to review the LPG supply situation across the state.
Banerjee said the State government is keeping a close watch on gas supply to hospitals, households, schools and other institutions, and hoarding will not be tolerated.-- PTI
• March 12, 2026 21:21 LPG shortage hits operation of gas crematoria in Kozhikode, Kasaragod LPG shortage hits operation of gas crematoria in Kozhikode, KasaragodLPG shortages disrupt gas crematoria operations in Kozhikode and Kasaragod, prompting requests for urgent resolution as services decline.
LPG shortage hits operation of gas crematoria in Kozhikode, Kasaragod
LPG shortages disrupt gas crematoria operations in Kozhikode and Kasaragod, prompting requests for urgent resolution as services decline.
• March 12, 2026 21:15 Long queues like during demonetisation: Congress on LPG supplies in Rajasthan The opposition Congress on Thursday intensified its attack on the Centre and the Rajasthan government over uncertainty in LPG supplies, saying people are forced to stand in long queues for gas cylinders like during demonetisation.Rajasthan Congress president Govind Singh Dotasra said the BJP governments at the Centre and in the State have failed to handle the situation and left people to deal with the crisis on their own.The Rajasthan government has denied that there was any shortage of LPG supplies.“Just like people were made to stand in queues during demonetisation, they are now being forced to queue up for gas cylinders,” Mr. Dotasra told reporters at the party’s war room.--- PTI
The opposition Congress on Thursday intensified its attack on the Centre and the Rajasthan government over uncertainty in LPG supplies, saying people are forced to stand in long queues for gas cylinders like during demonetisation.
Rajasthan Congress president Govind Singh Dotasra said the BJP governments at the Centre and in the State have failed to handle the situation and left people to deal with the crisis on their own.
The Rajasthan government has denied that there was any shortage of LPG supplies.
“Just like people were made to stand in queues during demonetisation, they are now being forced to queue up for gas cylinders,” Mr. Dotasra told reporters at the party’s war room.--- PTI
• March 12, 2026 21:07 Delhi govt says fuel supply in city normal, warns against hoarding The Delhi government on Thursday assured people that the supply of liquefied petroleum gas, petrol, diesel, and piped natural gas in the city was normal, and urged them to refrain from panic buying or hoarding.A statement from the Chief Minister’s Office said that there was no scarcity of fuel and officials were carrying out rigorous inspections to curb black-marketing and hoarding of LPG cylinders.“The Department of Food, Supplies and Consumer Affairs has deployed field officers to facilitate hassle-free bookings and ensure compliance. Enforcement teams are conducting rigorous inspections to curb black-marketing and hoarding,” it said.--- PTI
The Delhi government on Thursday assured people that the supply of liquefied petroleum gas, petrol, diesel, and piped natural gas in the city was normal, and urged them to refrain from panic buying or hoarding.
A statement from the Chief Minister’s Office said that there was no scarcity of fuel and officials were carrying out rigorous inspections to curb black-marketing and hoarding of LPG cylinders.
“The Department of Food, Supplies and Consumer Affairs has deployed field officers to facilitate hassle-free bookings and ensure compliance. Enforcement teams are conducting rigorous inspections to curb black-marketing and hoarding,” it said.--- PTI
• March 12, 2026 20:13 Restaurants in Chhatrapati Sambhajinagar curtail menu citing cooking gas issues; some shut Many restaurants in Maharashtra’s Chhatrapati Sambhajinagar have curtailed their menus or are planning to switch to dishes that can be cooked using wood or coal, while a few have shut down, owners said on Thursday, citing cooking gas supply disruptions.Manoj Kacchwa, a restaurant owner from the Kranti Chowk area of the city, claimed that they are finding it difficult to get commercial LPG cylinders amid the ongoing West Asia crisis. The wait time is too long, he said.“We are serving items that are cooked on a low flame. But this is not the case everywhere. Many of my friends who have hotels in Waluj, Ranjangaon, Bidkin and Chikalthana industrial areas have shut their hotels due to gas shortage,” he said.-- PTI
Many restaurants in Maharashtra’s Chhatrapati Sambhajinagar have curtailed their menus or are planning to switch to dishes that can be cooked using wood or coal, while a few have shut down, owners said on Thursday, citing cooking gas supply disruptions.
Manoj Kacchwa, a restaurant owner from the Kranti Chowk area of the city, claimed that they are finding it difficult to get commercial LPG cylinders amid the ongoing West Asia crisis. The wait time is too long, he said.
“We are serving items that are cooked on a low flame. But this is not the case everywhere. Many of my friends who have hotels in Waluj, Ranjangaon, Bidkin and Chikalthana industrial areas have shut their hotels due to gas shortage,” he said.-- PTI
• March 12, 2026 18:32 Govt allocates 48,000 kilolitre of additional kerosene to StatesIndia strongly condemns any attack on its merchant ships from any quarter: MEA Spokesperson Randhir JaiswalOn the distribution front, no dry out has been reported among distributors but there has been a manifold increase in booking because of panic: Sujata Sharma, Jt Secretary, MoPNG Interim period between booking two LPG cylinders continues to be 25 days for urban areas, but extended to 45 days for rural since yesterday night: Sujata Sharma, Jt Secretary, MoPNG--- Saptaparno Ghosh
India strongly condemns any attack on its merchant ships from any quarter: MEA Spokesperson Randhir Jaiswal
On the distribution front, no dry out has been reported among distributors but there has been a manifold increase in booking because of panic: Sujata Sharma, Jt Secretary, MoPNG
Interim period between booking two LPG cylinders continues to be 25 days for urban areas, but extended to 45 days for rural since yesterday night: Sujata Sharma, Jt Secretary, MoPNG--- Saptaparno Ghosh
• March 12, 2026 18:01 Adding fuel to fire: Panic buying hits TN as commuters rush to stockpile fuel amid shortage fears Long queues of motorists were seen outside petrol stations across Tamil Nadu on Thursday as panic buying took hold of several cities, triggered by a worsening shortage of commercial LPG that has already forced numerous eateries to shut down or drastically reduce their menus.While oil marketing companies and state government officials have repeatedly assured the public that there is no shortage of petrol or diesel, the sight of dry outlets in the commercial gas sector has sparked widespread anxiety.Residents in Chennai, Coimbatore, and Madurai reported waiting for over 45 minutes to fill their vehicle tanks, with some carrying additional containers despite regulations against the practice.-- PTI
Long queues of motorists were seen outside petrol stations across Tamil Nadu on Thursday as panic buying took hold of several cities, triggered by a worsening shortage of commercial LPG that has already forced numerous eateries to shut down or drastically reduce their menus.
While oil marketing companies and state government officials have repeatedly assured the public that there is no shortage of petrol or diesel, the sight of dry outlets in the commercial gas sector has sparked widespread anxiety.
Residents in Chennai, Coimbatore, and Madurai reported waiting for over 45 minutes to fill their vehicle tanks, with some carrying additional containers despite regulations against the practice.-- PTI
• March 12, 2026 17:54 After commercial LPG supply crisis, domestic consumers in Kerala start feeling heat As the LPG supply crisis continues to affect commercial establishments, domestic consumers are now also feeling the heat due to booking issues, with distributors flooded with consumer queries.Although oil companies claim the shortage is limited to commercial cylinders, distributors say many areas are also facing a shortage of domestic cylinders.LPG distributors said they were being flooded with consumer queries but had no clear answers to offer.“80% of our LPG supply is from Qatar, and we have no alternative source. This is the main issue. For the government, domestic supply is more important, and they do not bother about the commercial supply,” Sanal Kumar. G, general secretary of the All India LPG Distributors Federation (Kerala Circle), told PTI.
As the LPG supply crisis continues to affect commercial establishments, domestic consumers are now also feeling the heat due to booking issues, with distributors flooded with consumer queries.
Although oil companies claim the shortage is limited to commercial cylinders, distributors say many areas are also facing a shortage of domestic cylinders.
LPG distributors said they were being flooded with consumer queries but had no clear answers to offer.
“80% of our LPG supply is from Qatar, and we have no alternative source. This is the main issue. For the government, domestic supply is more important, and they do not bother about the commercial supply,” Sanal Kumar. G, general secretary of the All India LPG Distributors Federation (Kerala Circle), told PTI.
• March 12, 2026 17:51 Punjab govt on alert over LPG shortage rumours: CM Mann The Punjab government is on alert amid rumours about a possible shortage of LPG cylinders due to the ongoing war in Gulf countries, Chief Minister Bhagwant Singh Mann said on Thursday (March 12, 2026).Mr. Mann said the State government is closely monitoring the situation to ensure that people do not face any difficulty in getting essential commodities.He said rumours about LPG shortage are spreading in different parts of the country due to tensions in the Gulf region, causing unnecessary concern among people.-- PTI
The Punjab government is on alert amid rumours about a possible shortage of LPG cylinders due to the ongoing war in Gulf countries, Chief Minister Bhagwant Singh Mann said on Thursday (March 12, 2026).
Mr. Mann said the State government is closely monitoring the situation to ensure that people do not face any difficulty in getting essential commodities.
He said rumours about LPG shortage are spreading in different parts of the country due to tensions in the Gulf region, causing unnecessary concern among people.-- PTI
• March 12, 2026 17:14 Govt 'bartered' to U.S. India's right to determine its ties with oil suppliers: Rahul Gandhi Asserting that the foundation of every single nation is its energy security, Leader of Opposition Rahul Gandhi on Thursday alleged that the government has “bartered” to the U.S. India’s right to determine its relationships with different oil suppliers due to a “compromise”.Raising the issue in the Lok Sabha, Mr. Gandhi said the war between the U.S.-Israel and Iran is going to have far-reaching consequences.“The central artery from where 20% of global oil flows, Strait of Hormuz, has been closed and this is going to have tremendous repercussions, particularly for us because a very large portion of our oil and natural gas comes through the Strait of Hormuz,” Mr. Gandhi said.“The pain has just started -- restaurants are closing, there is widespread panic about LPG, street vendors are affected and as I said, this is only the beginning,” the former Congress president said.--- PTI
Asserting that the foundation of every single nation is its energy security, Leader of Opposition Rahul Gandhi on Thursday alleged that the government has “bartered” to the U.S. India’s right to determine its relationships with different oil suppliers due to a “compromise”.
Raising the issue in the Lok Sabha, Mr. Gandhi said the war between the U.S.-Israel and Iran is going to have far-reaching consequences.
“The central artery from where 20% of global oil flows, Strait of Hormuz, has been closed and this is going to have tremendous repercussions, particularly for us because a very large portion of our oil and natural gas comes through the Strait of Hormuz,” Mr. Gandhi said.
“The pain has just started -- restaurants are closing, there is widespread panic about LPG, street vendors are affected and as I said, this is only the beginning,” the former Congress president said.--- PTI
• March 12, 2026 17:01 LPG distributors approach Bombay HC against supply crunch; notices issued to Centre, private firm The Bombay High Court on Thursday issued notices to the Union petroleum and natural gas ministry as well as a private firm in connection with a petition filed by six LPG distributors seeking increased supply of domestic cooking gas cylinders amid the energy crisis due to the Iran war.The petitioners claimed Nagpur-headquartered Confidence Petroleum India Ltd had failed to augment the supply of household LPG cylinders despite the Centre’s directive prioritising domestic distribution.--- PTI
The Bombay High Court on Thursday issued notices to the Union petroleum and natural gas ministry as well as a private firm in connection with a petition filed by six LPG distributors seeking increased supply of domestic cooking gas cylinders amid the energy crisis due to the Iran war.
The petitioners claimed Nagpur-headquartered Confidence Petroleum India Ltd had failed to augment the supply of household LPG cylinders despite the Centre’s directive prioritising domestic distribution.--- PTI
• March 12, 2026 17:00 LPG crisis leads to apprehension of Indira Canteens’ functioning The LPG supply scarcity in Karnataka has led to apprehension about the continuity of the Indira Canteens in the city, sources in the municipal body said on Thursday.Indira Canteens are the Congress government’s flagship initiatives which were started by Chief Minister Siddaramaiah during his previous stint from 2013 to 2018.There are about 180 Indira canteens in the city, which were built to feed the urban poor at a highly subsidised price. They offer breakfast at Rs five and meals for ₹10.The canteens have been functioning perfectly well till now, but the Iran-Israel-U.S. conflict has cast its shadow on these government run canteens.--- PTI
The LPG supply scarcity in Karnataka has led to apprehension about the continuity of the Indira Canteens in the city, sources in the municipal body said on Thursday.
Indira Canteens are the Congress government’s flagship initiatives which were started by Chief Minister Siddaramaiah during his previous stint from 2013 to 2018.
There are about 180 Indira canteens in the city, which were built to feed the urban poor at a highly subsidised price. They offer breakfast at Rs five and meals for ₹10.
The canteens have been functioning perfectly well till now, but the Iran-Israel-U.S. conflict has cast its shadow on these government run canteens.--- PTI
• March 12, 2026 16:57 Alternate fuel options being activated to ease pressure on LPG, gas: Oil Minister“LPG production increased by 28% in last 5 days. Panic on LPG supply driven by consumer anxiety rather than supply shortage,” Hardeep Singh Puri said.-- Reuters
“LPG production increased by 28% in last 5 days. Panic on LPG supply driven by consumer anxiety rather than supply shortage,” Hardeep Singh Puri said.-- Reuters
• March 12, 2026 16:21 LPG supply crunch may disrupt QSR operations, raise input costs for consumer firms The shortage of LPG in the country could disrupt operations of Quick-Service Restaurant (QSR) chains and drive input cost inflation for consumer-facing companies, as supply constraints ripple across sectors ranging from restaurants to glass and plastics manufacturing.Brokerage Goldman Sachs, in a report, said India faces an LPG shortage, importing 60% of its supply, with 90% of imports transiting the geopolitically impacted Strait of Hormuz.Despite a 25% increase in domestic production, supply remains constrained. The government is prioritising LPG for domestic cooking and essential sectors, like hospitals, while restricting supply to non-essential commercial enterprises, including restaurants.Media reports indicate that LPG supply to other commercial users, including restaurants and several industries, has been restricted, potentially affecting operations across multiple sectors. - PTI
The shortage of LPG in the country could disrupt operations of Quick-Service Restaurant (QSR) chains and drive input cost inflation for consumer-facing companies, as supply constraints ripple across sectors ranging from restaurants to glass and plastics manufacturing.
Brokerage Goldman Sachs, in a report, said India faces an LPG shortage, importing 60% of its supply, with 90% of imports transiting the geopolitically impacted Strait of Hormuz.
Despite a 25% increase in domestic production, supply remains constrained. The government is prioritising LPG for domestic cooking and essential sectors, like hospitals, while restricting supply to non-essential commercial enterprises, including restaurants.
Media reports indicate that LPG supply to other commercial users, including restaurants and several industries, has been restricted, potentially affecting operations across multiple sectors. - PTI
• March 12, 2026 16:15 LPG shortage hits Shimla's tourism; hotels cancel weddings, big events An acute LPG shortage in Shimla is threatening the city’s vibrant tourism industry, forcing hotels to cancel weddings and large events. As the disruption stems from the ongoing crisis in West Asia, industry leaders warn that if gas supplies are not restored soon, the impact could jeopardise the livelihoods of workers and the overall economy in Himachal Pradesh’s capital city.According to representatives of the hotel and tourism sector, the shortage has intensified amid the ongoing crisis in Iran and the wider Middle East, which has disrupted LPG availability across several parts of the country.Mohinder Seth, president of the Shimla Hotel and Tourism Stakeholders Association, said hotels in the hill city are struggling to manage basic kitchen operations owing to the halt in commercial LPG bottling.“Some hotels have already started cancelling marriage functions and large parties because commercial gas is not available. We have requested the authorities to provide at least rationed cylinders so that hotels can serve basic food to tourists and staff,” Mr. Seth said.He added that the association has already approached government officials seeking immediate relief and has suggested rationing of cylinders based on hotel capacity. - ANI
An acute LPG shortage in Shimla is threatening the city’s vibrant tourism industry, forcing hotels to cancel weddings and large events. As the disruption stems from the ongoing crisis in West Asia, industry leaders warn that if gas supplies are not restored soon, the impact could jeopardise the livelihoods of workers and the overall economy in Himachal Pradesh’s capital city.
According to representatives of the hotel and tourism sector, the shortage has intensified amid the ongoing crisis in Iran and the wider Middle East, which has disrupted LPG availability across several parts of the country.
Mohinder Seth, president of the Shimla Hotel and Tourism Stakeholders Association, said hotels in the hill city are struggling to manage basic kitchen operations owing to the halt in commercial LPG bottling.
“Some hotels have already started cancelling marriage functions and large parties because commercial gas is not available. We have requested the authorities to provide at least rationed cylinders so that hotels can serve basic food to tourists and staff,” Mr. Seth said.
He added that the association has already approached government officials seeking immediate relief and has suggested rationing of cylinders based on hotel capacity. - ANI
• March 12, 2026 15:36 MSMEs in Bengaluru on edge amid LPG crunch Micro, small, and medium industries in Bengaluru are increasingly growing concerned about the ongoing LPG supply crunch and rising prices due to tensions in West Asia.MSMEs in Bengaluru on edge amid LPG crunchBengaluru's MSMEs face severe risks from the LPG supply crunch, threatening production, costs, and employment across industries.
Micro, small, and medium industries in Bengaluru are increasingly growing concerned about the ongoing LPG supply crunch and rising prices due to tensions in West Asia.
MSMEs in Bengaluru on edge amid LPG crunch
Bengaluru's MSMEs face severe risks from the LPG supply crunch, threatening production, costs, and employment across industries.
• March 12, 2026 15:35 Exporters seek priority allocation of LPG, natural gas for export-oriented manufacturing units Exporters’ body FIEO on Thursday urged the government to allocate LPG and natural gas to export-oriented manufacturing units on a priority basis, as any disruptions in the fuel availability will create problems in maintaining production schedules.Federation of Indian Export Organisations (FIEO) President S.C. Ralhan said that he has written a letter in this regard to the commerce and industry ministry.“Manufacturing exporters are facing issues. There is an urgent need for priority allocation of LPG/natural gas as fuel for export-oriented units (EOUs) and export-oriented SMEs,” Mr. Ralhan said.-PTI
Exporters’ body FIEO on Thursday urged the government to allocate LPG and natural gas to export-oriented manufacturing units on a priority basis, as any disruptions in the fuel availability will create problems in maintaining production schedules.
Federation of Indian Export Organisations (FIEO) President S.C. Ralhan said that he has written a letter in this regard to the commerce and industry ministry.
“Manufacturing exporters are facing issues. There is an urgent need for priority allocation of LPG/natural gas as fuel for export-oriented units (EOUs) and export-oriented SMEs,” Mr. Ralhan said.
• March 12, 2026 15:29 ‘Fuel stocks sufficient in T.N.’: CM Stalin urges calm as motorists crowd outlets Tamil Nadu Chief Minister M.K. Stalin on Thursday (March 12, 2026) urged people not to panic about the availability of fuel and cooking gas, saying the Centre has reiterated that the country has sufficient stock.‘Fuel stocks sufficient in T.N.’: CM Stalin urges calm as motorists crowd outletsCM Stalin assures Tamil Nadu residents of sufficient fuel stocks, urging calm amid rising demand and panic buying at outlets.
Tamil Nadu Chief Minister M.K. Stalin on Thursday (March 12, 2026) urged people not to panic about the availability of fuel and cooking gas, saying the Centre has reiterated that the country has sufficient stock.
‘Fuel stocks sufficient in T.N.’: CM Stalin urges calm as motorists crowd outlets
CM Stalin assures Tamil Nadu residents of sufficient fuel stocks, urging calm amid rising demand and panic buying at outlets.
• March 12, 2026 15:02 LPG shortage: Affordable food options in Bengaluru will be the first to shut down LPG shortage: As roadside eateries fear shutdown, affordable food options shrink for customers in BengaluruLPG shortage threatens Bengaluru's roadside eateries, limiting affordable food options for urban workers and increasing customer uncertainty.
LPG shortage: As roadside eateries fear shutdown, affordable food options shrink for customers in Bengaluru
LPG shortage threatens Bengaluru's roadside eateries, limiting affordable food options for urban workers and increasing customer uncertainty.
• March 12, 2026 14:56 Uproar in Chhattisgarh assembly over cooking gas; 30 members briefly suspended Opposition Congress created an uproar in the Chhattisgarh assembly on Thursday, claiming that people in the State have been facing a shortage of cooking gas cylinders, and demanded a discussion on the issue.Legislators from the party trooped into the well of the House after their demand was disallowed, leading to their automatic suspension.-PTI
Opposition Congress created an uproar in the Chhattisgarh assembly on Thursday, claiming that people in the State have been facing a shortage of cooking gas cylinders, and demanded a discussion on the issue.
Legislators from the party trooped into the well of the House after their demand was disallowed, leading to their automatic suspension.
• March 12, 2026 14:49 LPG shortage: Hostel at BMS College of Engineering in Bengaluru is running kitchen using firewood Private hostels start using firewood to prepare meals for the studentsPrivate hostels in Bengaluru turn to firewood for cooking amid ongoing LPG shortages, affecting student meal preparations.
Private hostels start using firewood to prepare meals for the students
Private hostels in Bengaluru turn to firewood for cooking amid ongoing LPG shortages, affecting student meal preparations.
• March 12, 2026 14:30 Restricting domestic gas cylinders can enable Andhra to manage fortnight: Distributor AssociationThe Andhra Pradesh LPG Distributors Association on Thursday (March 12, 2026) said that restricting domestic cooking gas for household use can enable the state to tide over a fortnight without shortage.The association president K Srinatha Reddy appealed to domestic consumers to use cooking gas for their own household use and refrain from selling it to hotels, especially at a time when the US- Israel and Iran war has disrupted fuel supplies globally.“We distributors appeal only one thing, (domestic) users should use their own cylinders, they should not sell it to others. If we can do this, we can have two to three weeks of stocks for domestic (use and) we can sustain for one month without an issue,” Mr. Reddy told PTI.Enticed by money, he said some domestic consumers are selling gas cylinders at up to ₹2,000 per unit. He appealed to people to cooperate with the Oil Marketing Companies (OMCs) and the government.According to Mr. Reddy, on normal days up to 2.6 lakh gas cylinders are booked per day.Alarmed by the war disruptions, he said bookings crossed three lakh for two days on Monday (March 9) and Tuesday (March 10) but they reduced on Wednesday (March 11) as bookings could not happen properly.Following raids in Adoni and Mantralayam by authorities, Mr. Reddy said 170 domestic cylinders were seized from hotels.Observing that OMCs ceased delivering gas without Delivery Authentication Code (DAC), he said some issues with software have also impeded gas bookings. -- PTI
The Andhra Pradesh LPG Distributors Association on Thursday (March 12, 2026) said that restricting domestic cooking gas for household use can enable the state to tide over a fortnight without shortage.
The association president K Srinatha Reddy appealed to domestic consumers to use cooking gas for their own household use and refrain from selling it to hotels, especially at a time when the US- Israel and Iran war has disrupted fuel supplies globally.
“We distributors appeal only one thing, (domestic) users should use their own cylinders, they should not sell it to others. If we can do this, we can have two to three weeks of stocks for domestic (use and) we can sustain for one month without an issue,” Mr. Reddy told PTI.
Enticed by money, he said some domestic consumers are selling gas cylinders at up to ₹2,000 per unit. He appealed to people to cooperate with the Oil Marketing Companies (OMCs) and the government.
According to Mr. Reddy, on normal days up to 2.6 lakh gas cylinders are booked per day.
Alarmed by the war disruptions, he said bookings crossed three lakh for two days on Monday (March 9) and Tuesday (March 10) but they reduced on Wednesday (March 11) as bookings could not happen properly.
Following raids in Adoni and Mantralayam by authorities, Mr. Reddy said 170 domestic cylinders were seized from hotels.
Observing that OMCs ceased delivering gas without Delivery Authentication Code (DAC), he said some issues with software have also impeded gas bookings. -- PTI
• March 12, 2026 14:21 Available stock of commercial LPG being supplied to priority sectors in Himachal: Indian OilWhile the disruption in the supply of LPG cylinders amid the West Asia crisis has led to a shortage for commercial and industrial consumers in Himachal Pradesh, Indian Oil Corporation officials on Thursday (March 12, 2026) said the domestic supply remains unaffected.According to the officials, commercial cylinders are being supplied to hospitals and educational institutions from the dealers’ available stock.“There is no shortage of domestic LPG cylinders in the state, and regular supply has been maintained. Commercial consumers are facing a shortage, but priority sectors like hospitals and educational institutions are being supplied from the stock available with the dealers,” said Mohammad Amid, Divisional LPG sales head, Indian Oil Corporation.When asked how long the shortage of commercial cylinders will continue, he said that the Ministry of Petroleum is holding a high-level meeting to gauge the demand for commercial cylinders from various sectors to regulate the supply.There are around 55,000 commercial connections in the state, he added.He further said that the supply of domestic liquified petroleum gas (LPG) cylinders from Baddi, Una and Jalandhar bottling plants is continuing as before, and all 155 distributors have sufficient stocks.“We appeal to domestic consumers not to go for panic refill booking”, the official said.Mohammad Amid said 19 kg commercial cylinders are being supplied to hospitals and educational institutions, but the supply of 47 kg and 425 kg commercial cylinders for industry has been disrupted.Keeping in view the demand from the tourism sector, distributors have been asked to provide 19 kg commercial cylinders from the available stock of 12,000 cylinders, he said. -- PTI
While the disruption in the supply of LPG cylinders amid the West Asia crisis has led to a shortage for commercial and industrial consumers in Himachal Pradesh, Indian Oil Corporation officials on Thursday (March 12, 2026) said the domestic supply remains unaffected.
According to the officials, commercial cylinders are being supplied to hospitals and educational institutions from the dealers’ available stock.
“There is no shortage of domestic LPG cylinders in the state, and regular supply has been maintained. Commercial consumers are facing a shortage, but priority sectors like hospitals and educational institutions are being supplied from the stock available with the dealers,” said Mohammad Amid, Divisional LPG sales head, Indian Oil Corporation.
When asked how long the shortage of commercial cylinders will continue, he said that the Ministry of Petroleum is holding a high-level meeting to gauge the demand for commercial cylinders from various sectors to regulate the supply.
There are around 55,000 commercial connections in the state, he added.
He further said that the supply of domestic liquified petroleum gas (LPG) cylinders from Baddi, Una and Jalandhar bottling plants is continuing as before, and all 155 distributors have sufficient stocks.
“We appeal to domestic consumers not to go for panic refill booking”, the official said.
Mohammad Amid said 19 kg commercial cylinders are being supplied to hospitals and educational institutions, but the supply of 47 kg and 425 kg commercial cylinders for industry has been disrupted.
Keeping in view the demand from the tourism sector, distributors have been asked to provide 19 kg commercial cylinders from the available stock of 12,000 cylinders, he said. -- PTI
• March 12, 2026 14:02 Cathay Pacific roughly doubles fuel surcharge on most routesHong Kong aviation giant Cathay Pacific announced new fuel surcharges for most routes on Thursday (March 12, 2026) that are roughly double the existing ones.The company revealed a detailed list of affected routes in a statement titled “Fuel surcharge updates”, a day after warning that fuel prices had soared in March with the outbreak of war in the Middle East.Cathay Group’s CEO Ronald Lam told a Wednesday media session the cost of fuel so far this month is double the average of the previous two months.The hike in fees will apply to tickets from March 18, the statement said.For example, for flights between Hong Kong and Europe that were purchased in Hong Kong, the surcharge will rise from HK$569 (around US$73) to HK$1164.On Thursday (March 12), Cathay also announced additional flights to London to meet increased market demand for travel to Europe.The day before, the carrier had said it had observed a “general increase” in flight demand from other regions, particularly for long-haul flights, with travellers looking for alternatives to routes that rely heavily on Middle Eastern hubs.This week, Cathay axed all flights to Dubai and Riyadh in March, extending earlier suspensions.Analysts say that while carriers all hedge a portion of their fuel costs, their margins could still be affected.Hong Kong Airlines also raised the fuel surcharge for most of its flights from Thursday. -- AFP
Hong Kong aviation giant Cathay Pacific announced new fuel surcharges for most routes on Thursday (March 12, 2026) that are roughly double the existing ones.
The company revealed a detailed list of affected routes in a statement titled “Fuel surcharge updates”, a day after warning that fuel prices had soared in March with the outbreak of war in the Middle East.
Cathay Group’s CEO Ronald Lam told a Wednesday media session the cost of fuel so far this month is double the average of the previous two months.
The hike in fees will apply to tickets from March 18, the statement said.
For example, for flights between Hong Kong and Europe that were purchased in Hong Kong, the surcharge will rise from HK$569 (around US$73) to HK$1164.
On Thursday (March 12), Cathay also announced additional flights to London to meet increased market demand for travel to Europe.
The day before, the carrier had said it had observed a “general increase” in flight demand from other regions, particularly for long-haul flights, with travellers looking for alternatives to routes that rely heavily on Middle Eastern hubs.
This week, Cathay axed all flights to Dubai and Riyadh in March, extending earlier suspensions.
Analysts say that while carriers all hedge a portion of their fuel costs, their margins could still be affected.
Hong Kong Airlines also raised the fuel surcharge for most of its flights from Thursday. -- AFP
• March 12, 2026 14:00 Uttar Pradesh: Long queues for LPG cylinders in Basti amid rumours of price hike Long queues and chaotic scenes were witnessed outside an LPG agency on Thursday (March 12, 2026) as consumers rushed to collect cooking gas cylinders amid rumours of a possible price hike, officials said.A large number of people gathered at the Mahagauri Gas Agency at Mahadeva crossing in Bankati block early in the morning.Locals claimed that several consumers began queuing up from around 4 a.m.When the agency gate opened around 7 am, people rushed inside to collect cylinders, with many seen carrying them on their heads and shoulders, creating near-stampede-like conditions, officials said.However, District Supply Officer Vimal Kumar Shukla said there was no shortage of LPG cylinders in the district.Mr. Shukla said oil companies have recently increased the share of OTP-based LPG booking to 80 per cent from the earlier 30%, due to which several connections have temporarily moved out of the regular category.Mr. Basti has about 2.07 lakh Ujjwala beneficiaries and nearly three lakh regular LPG consumers, he said.These connections are now being reactivated through KYC verification, and staff have been deployed at gas agencies to facilitate the process, he added. -- PTI
Long queues and chaotic scenes were witnessed outside an LPG agency on Thursday (March 12, 2026) as consumers rushed to collect cooking gas cylinders amid rumours of a possible price hike, officials said.
A large number of people gathered at the Mahagauri Gas Agency at Mahadeva crossing in Bankati block early in the morning.
Locals claimed that several consumers began queuing up from around 4 a.m.
When the agency gate opened around 7 am, people rushed inside to collect cylinders, with many seen carrying them on their heads and shoulders, creating near-stampede-like conditions, officials said.
However, District Supply Officer Vimal Kumar Shukla said there was no shortage of LPG cylinders in the district.
Mr. Shukla said oil companies have recently increased the share of OTP-based LPG booking to 80 per cent from the earlier 30%, due to which several connections have temporarily moved out of the regular category.
Mr. Basti has about 2.07 lakh Ujjwala beneficiaries and nearly three lakh regular LPG consumers, he said.
These connections are now being reactivated through KYC verification, and staff have been deployed at gas agencies to facilitate the process, he added. -- PTI
• March 12, 2026 13:57 Will discuss LPG shortage during Cabinet meeting: ShivakumarKarnataka Deputy Chief Minister D.K. Shivakumar on Thursday (March 12, 2026) said the government will take up the issue of LPG shortage in the Cabinet meeting, while urging the Centre to immediately address supply disruptions that are affecting households and farmers.In the wake of the U.S.-Israel-Iran conflict in the Middle East, the State is facing LPG refill crisis.Speaking to reporters, Mr. Shivakumar said the shortage of LPG supply was causing hardship to the public, particularly in rural areas, and insisted that the matter needed urgent attention at the highest level.“Today there is some issue with gas supply; gas is not available. This is causing problems for everyone. I had said this yesterday as well and the day before, but the (BJP) MPs are not speaking about it,” he said.Mr. Shivakumar said the Centre must act immediately to resolve the problem and ensure uninterrupted supply of LPG, warning that people in villages might be forced to revert to firewood if the situation persists.“They should find a solution today itself and supply LPG. Otherwise, if gas is not available in the villages, then our farmers will have to use firewood as an alternative. They say people should not use firewood and declare things as ‘firewood-free,’ but people are compelled to make such decisions,” he said.He also criticised the Union Government over rising fuel prices, stating that increasing costs of petrol, diesel and essential commodities were adding to people’s difficulties.“In any case, the central government is not reducing gas prices. Petrol and diesel prices are increasing, and the prices of all commodities are rising. People are struggling. So the Centre itself must respond to this. The state government alone cannot bring about this change,” he said. -- PTI
Karnataka Deputy Chief Minister D.K. Shivakumar on Thursday (March 12, 2026) said the government will take up the issue of LPG shortage in the Cabinet meeting, while urging the Centre to immediately address supply disruptions that are affecting households and farmers.
In the wake of the U.S.-Israel-Iran conflict in the Middle East, the State is facing LPG refill crisis.
Speaking to reporters, Mr. Shivakumar said the shortage of LPG supply was causing hardship to the public, particularly in rural areas, and insisted that the matter needed urgent attention at the highest level.
“Today there is some issue with gas supply; gas is not available. This is causing problems for everyone. I had said this yesterday as well and the day before, but the (BJP) MPs are not speaking about it,” he said.
Mr. Shivakumar said the Centre must act immediately to resolve the problem and ensure uninterrupted supply of LPG, warning that people in villages might be forced to revert to firewood if the situation persists.
“They should find a solution today itself and supply LPG. Otherwise, if gas is not available in the villages, then our farmers will have to use firewood as an alternative. They say people should not use firewood and declare things as ‘firewood-free,’ but people are compelled to make such decisions,” he said.
He also criticised the Union Government over rising fuel prices, stating that increasing costs of petrol, diesel and essential commodities were adding to people’s difficulties.
“In any case, the central government is not reducing gas prices. Petrol and diesel prices are increasing, and the prices of all commodities are rising. People are struggling. So the Centre itself must respond to this. The state government alone cannot bring about this change,” he said. -- PTI
• March 12, 2026 13:54 Power generation in Karnataka may be hit by natural gas supply priority list issued by CentrePower generation in Karnataka could face disruption following the Central Government’s decision to prioritise natural gas supply to select sectors amid a shortage linked to the ongoing war in West Asia involving US-Israel and Iran, according to sources in the Energy Department.LPG shortage: Power supply to Bengaluru might be hit by natural gas priority list issued by CentreBengaluru's power generation faces disruption due to the Centre's gas supply prioritization amid ongoing natural gas shortages.
Power generation in Karnataka could face disruption following the Central Government’s decision to prioritise natural gas supply to select sectors amid a shortage linked to the ongoing war in West Asia involving US-Israel and Iran, according to sources in the Energy Department.
LPG shortage: Power supply to Bengaluru might be hit by natural gas priority list issued by Centre
Bengaluru's power generation faces disruption due to the Centre's gas supply prioritization amid ongoing natural gas shortages.
• March 12, 2026 12:53 Centre’s natural gas regulation order may impact Karnataka power generationPower generation in Karnataka could face disruption following the Central government’s decision to prioritise natural gas supply to other sectors amid shortages linked to the ongoing West Asia conflict, according to officials of the Karnataka Power Corporation Limited (KPCL).The Centre recently issued a gazette notification under the Natural Gas (Supply Regulation) Order, 2026, prioritising sectors for gas allocation as the country faces supply constraints triggered by the Israel–Iran conflict in West Asia. Under the order, domestic consumption has been given the highest priority, while power generation has been placed at the lowest level.Officials said the decision has already affected the State’s only gas-based power plant at Yelahanka in Bengaluru. -- The Hindu Bureau
Power generation in Karnataka could face disruption following the Central government’s decision to prioritise natural gas supply to other sectors amid shortages linked to the ongoing West Asia conflict, according to officials of the Karnataka Power Corporation Limited (KPCL).
The Centre recently issued a gazette notification under the Natural Gas (Supply Regulation) Order, 2026, prioritising sectors for gas allocation as the country faces supply constraints triggered by the Israel–Iran conflict in West Asia. Under the order, domestic consumption has been given the highest priority, while power generation has been placed at the lowest level.
Officials said the decision has already affected the State’s only gas-based power plant at Yelahanka in Bengaluru. -- The Hindu Bureau
• March 12, 2026 12:51 Telangana | Toll-free 1967 to report LPG supply issuesTelangana Civil Supplies Department Enforcement Wing seized 22 domestic cylinders , 25 small cylinders, and multiple gas refilling devices during searches conducted in Warangal, Hanumakonda and Karmanghat of Hyderabad on Monday. The crackdown was launched against illegal diversion and pilferage of domestic LPG cylinders. The officials urged people not to overbook LPG cylinders. People can dial the department’s toll-free number 1967 if they experience issues pertaining to LPG cylinders, illegal commercial use, or other aspects related to Civil Supplies.
Telangana Civil Supplies Department Enforcement Wing seized 22 domestic cylinders , 25 small cylinders, and multiple gas refilling devices during searches conducted in Warangal, Hanumakonda and Karmanghat of Hyderabad on Monday. The crackdown was launched against illegal diversion and pilferage of domestic LPG cylinders. The officials urged people not to overbook LPG cylinders. People can dial the department’s toll-free number 1967 if they experience issues pertaining to LPG cylinders, illegal commercial use, or other aspects related to Civil Supplies.
• March 12, 2026 12:45 Samridhi@Kochi feels the heat as cooking gas supply dries up in KeralaSamridhi@Kochi, the budget eatery jointly run by the Kochi Corporation in Kerala and the district Kudumbashree Mission, is staring at an imminent crisis, with closure of their outlets looming large as the city grapples with a worsening shortage of LPG even as it is preparing to fall back on firewood hearths as a desperate alternative.LPG shortage: Samridhi@Kochi feels the heat as cooking gas supply dries up in KeralaKochi's Samridhi eatery faces closure due to LPG shortage, threatening livelihoods and forcing a shift to firewood cooking.
Samridhi@Kochi, the budget eatery jointly run by the Kochi Corporation in Kerala and the district Kudumbashree Mission, is staring at an imminent crisis, with closure of their outlets looming large as the city grapples with a worsening shortage of LPG even as it is preparing to fall back on firewood hearths as a desperate alternative.
LPG shortage: Samridhi@Kochi feels the heat as cooking gas supply dries up in Kerala
Kochi's Samridhi eatery faces closure due to LPG shortage, threatening livelihoods and forcing a shift to firewood cooking.
• March 12, 2026 12:12 West Bengal: Long queues outside cooking gas agency offices; LPG dispensing stationsLong queues of auto-rickshaws outside LPG dispensing stations and domestic consumers at local gas agency offices were seen on Thursday (March 12, 2026) in Kolkata and several districts of West Bengal, as government assurances failed to calm panic buying that has sharply pushed up demand for cooking gas amid supply disruptions linked to the West Asia conflict.Auto drivers said they were waiting for hours — and in some cases since the previous night — to refill LPG at pumps, while household consumers queued up outside gas distributor offices after online booking systems failed or remained inaccessible due to heavy traffic-induced server disruptions.Drivers also complained that auto LPG prices have risen by about ₹5 per kg in the city, but said the uncertainty over its availability posed a bigger concern.Several drivers said they were forced to remain idle for hours or curtail trips as refuelling took longer than usual.The rush has also overwhelmed booking systems of oil marketing companies, with distributors reporting repeated server crashes due to the surge in refill requests.Average daily bookings for Indane LPG cylinders in the State have nearly doubled to around two lakh from about one lakh earlier, distributors said.“This is panic buying,” said Bijan Biswas, spokesperson for the Indane LPG Distributors’ Association in Bengal. “Many people are afraid they might not get another cylinder soon, and that has led to this crisis,” he said.Mr. Biswas said booking servers were frequently going down for four to five hours at a stretch as consumers tried to book through mobile apps, websites and call centres.With digital booking systems becoming unreliable, a large number of consumers have started visiting distributor offices to place orders in person, resulting in long queues from early morning in many neighbourhoods. -- PTI
Long queues of auto-rickshaws outside LPG dispensing stations and domestic consumers at local gas agency offices were seen on Thursday (March 12, 2026) in Kolkata and several districts of West Bengal, as government assurances failed to calm panic buying that has sharply pushed up demand for cooking gas amid supply disruptions linked to the West Asia conflict.
Auto drivers said they were waiting for hours — and in some cases since the previous night — to refill LPG at pumps, while household consumers queued up outside gas distributor offices after online booking systems failed or remained inaccessible due to heavy traffic-induced server disruptions.
Drivers also complained that auto LPG prices have risen by about ₹5 per kg in the city, but said the uncertainty over its availability posed a bigger concern.
Several drivers said they were forced to remain idle for hours or curtail trips as refuelling took longer than usual.
The rush has also overwhelmed booking systems of oil marketing companies, with distributors reporting repeated server crashes due to the surge in refill requests.
Average daily bookings for Indane LPG cylinders in the State have nearly doubled to around two lakh from about one lakh earlier, distributors said.
“This is panic buying,” said Bijan Biswas, spokesperson for the Indane LPG Distributors’ Association in Bengal. “Many people are afraid they might not get another cylinder soon, and that has led to this crisis,” he said.
Mr. Biswas said booking servers were frequently going down for four to five hours at a stretch as consumers tried to book through mobile apps, websites and call centres.
With digital booking systems becoming unreliable, a large number of consumers have started visiting distributor offices to place orders in person, resulting in long queues from early morning in many neighbourhoods. -- PTI
• March 12, 2026 12:08 Opposition MPs protest in Parliament complex over shortage of commercial LPG cylindersSeveral opposition MPs, including Rahul Gandhi and Priyanka Gandhi Vadra, staged a protest on Thursday (March 12, 2026) in the Parliament House complex over the shortage of commercial LPG cylinders to demand answers from the government over it.Congress leader Rahul Gandhi on Thursday (March 12, 2026) attacked Prime Minister Narendra Modi amid concerns over reported LPG shortage, saying the PM is asking the people not to panic but is himself panicked for “completely different reasons”.Opposition MPs protest in Parliament complex over shortage of commercial LPG cylindersRahul Gandhi criticizes PM Modi for panicking over scandals while urging the public to remain calm amid LPG shortages.
Several opposition MPs, including Rahul Gandhi and Priyanka Gandhi Vadra, staged a protest on Thursday (March 12, 2026) in the Parliament House complex over the shortage of commercial LPG cylinders to demand answers from the government over it.
Congress leader Rahul Gandhi on Thursday (March 12, 2026) attacked Prime Minister Narendra Modi amid concerns over reported LPG shortage, saying the PM is asking the people not to panic but is himself panicked for “completely different reasons”.
Opposition MPs protest in Parliament complex over shortage of commercial LPG cylinders
Rahul Gandhi criticizes PM Modi for panicking over scandals while urging the public to remain calm amid LPG shortages.
• March 12, 2026 12:04 Panic buying hits TN as commuters rush to stockpile fuel amid shortage fearsLong queues of motorists were seen outside petrol stations across Tamil Nadu on Thursday (March 12, 2026) as panic buying took hold of several cities, triggered by a worsening shortage of commercial LPG that has already forced numerous eateries to shut down or drastically reduce their menus.While oil marketing companies and State government officials have repeatedly assured the public that there is no shortage of petrol or diesel, the sight of dry outlets in the commercial gas sector has sparked widespread anxiety.Residents in Chennai, Coimbatore, and Madurai reported waiting for over 45 minutes to fill their vehicle tanks, with some carrying additional containers despite regulations against the practice.At suburban Tambaram, a senior citizen who did not wish to be named, said that he returned without filling his two-wheeler fuel tank seeing long queues in the two fuel pumps operating in his locality. “It looked like a wait of a minimum half an hour, so I just left,” he said.The hospitality sector remains the hardest hit by the ongoing fuel volatility. The Tamil Nadu Hotels Association has indicated that thousands of small and medium-sized restaurants are badly hit by the situation. Many iconic establishments in the state capital have stopped serving fuel-intensive dishes like dosa and fried rice to conserve their dwindling gas stocks, opting instead for simple steamed items.In several neighbourhoods, restaurant owners have placed boards at their entrances announcing temporary holidays due to the non-availability of commercial cylinders. -- PTI
Long queues of motorists were seen outside petrol stations across Tamil Nadu on Thursday (March 12, 2026) as panic buying took hold of several cities, triggered by a worsening shortage of commercial LPG that has already forced numerous eateries to shut down or drastically reduce their menus.
While oil marketing companies and State government officials have repeatedly assured the public that there is no shortage of petrol or diesel, the sight of dry outlets in the commercial gas sector has sparked widespread anxiety.
Residents in Chennai, Coimbatore, and Madurai reported waiting for over 45 minutes to fill their vehicle tanks, with some carrying additional containers despite regulations against the practice.
At suburban Tambaram, a senior citizen who did not wish to be named, said that he returned without filling his two-wheeler fuel tank seeing long queues in the two fuel pumps operating in his locality. “It looked like a wait of a minimum half an hour, so I just left,” he said.
The hospitality sector remains the hardest hit by the ongoing fuel volatility. The Tamil Nadu Hotels Association has indicated that thousands of small and medium-sized restaurants are badly hit by the situation. Many iconic establishments in the state capital have stopped serving fuel-intensive dishes like dosa and fried rice to conserve their dwindling gas stocks, opting instead for simple steamed items.
In several neighbourhoods, restaurant owners have placed boards at their entrances announcing temporary holidays due to the non-availability of commercial cylinders. -- PTI
• March 12, 2026 11:02 Action to be taken for spreading rumours on fuel shortage: Assam PoliceAssam Police on Thursday (March 12, 2026) said strict action will be taken against all those spreading rumours regarding shortages of LPG and other fuels, a day after the chief secretary stated that local refineries can meet only about 30 per cent of the state’s demand for the cooking fuel.In a post on X, Assam Police said: “Strict legal action will be taken against anyone trying to spread rumours about shortages of LPG, POL and other petroleum products.” Citizens are advised not to believe or forward any such misleading claims that may be spread by “inimical elements” to try and create confusion, it added.The government has already formed a dedicated media monitoring committee to track rumours, misinformation and misleading reports that may create panic among consumers. -- PTI
Assam Police on Thursday (March 12, 2026) said strict action will be taken against all those spreading rumours regarding shortages of LPG and other fuels, a day after the chief secretary stated that local refineries can meet only about 30 per cent of the state’s demand for the cooking fuel.
In a post on X, Assam Police said: “Strict legal action will be taken against anyone trying to spread rumours about shortages of LPG, POL and other petroleum products.” Citizens are advised not to believe or forward any such misleading claims that may be spread by “inimical elements” to try and create confusion, it added.
The government has already formed a dedicated media monitoring committee to track rumours, misinformation and misleading reports that may create panic among consumers. -- PTI
• March 12, 2026 10:52 Editorial: Policy missteps: On the government’s handling of India’s fuel crisis The events unfolding in West Asia have shone a spotlight not only on India’s energy security, but also on its policy preparedness and communication strategy in times of crisis. With India importing close to 90% of its oil needs, it is natural that any disruption to supply chains would hit it hard. The Strait of Hormuz is particularly vital in the supply chain. To the government’s credit, it has been gradually trying to reduce India’s oil import dependence. The push for ethanol and biofuels is a step in this direction. Smoothening their adoption should continue to be a policy priority in the near term.Policy missteps: On the government’s handling of India’s fuel crisis
The events unfolding in West Asia have shone a spotlight not only on India’s energy security, but also on its policy preparedness and communication strategy in times of crisis. With India importing close to 90% of its oil needs, it is natural that any disruption to supply chains would hit it hard. The Strait of Hormuz is particularly vital in the supply chain. To the government’s credit, it has been gradually trying to reduce India’s oil import dependence. The push for ethanol and biofuels is a step in this direction. Smoothening their adoption should continue to be a policy priority in the near term.
Policy missteps: On the government’s handling of India’s fuel crisis
• March 12, 2026 10:48 What is cheaper to cook with, LPG or induction? As hotels, hostels, and community kitchens grapple with the unexpected shortage of LPG, those with electric cooking equipment feel they are in a safer position.Achal Sridharan, founder of CovaiCare retirement communities in Coimbatore, says if the situation turns worse, there will be no option but to go for electrical cooking. “It is a question of survival and not viability. Yes, the costs will be slightly higher. But we need to manage that,” he said.What is cheaper to cook with, LPG or induction?Explore the cost comparison between cooking with LPG and induction stoves amid rising LPG shortages and efficiency concerns.
As hotels, hostels, and community kitchens grapple with the unexpected shortage of LPG, those with electric cooking equipment feel they are in a safer position.
Achal Sridharan, founder of CovaiCare retirement communities in Coimbatore, says if the situation turns worse, there will be no option but to go for electrical cooking. “It is a question of survival and not viability. Yes, the costs will be slightly higher. But we need to manage that,” he said.
What is cheaper to cook with, LPG or induction?
Explore the cost comparison between cooking with LPG and induction stoves amid rising LPG shortages and efficiency concerns.
• March 12, 2026 10:35 Container ship hit near UAE The U.K. maritime agency said Thursday (March 12, 2026) that a projectile struck a container ship near the United Arab Emirates.“The container ship was struck by (an) unknown projectile causing a small fire onboard,” the United Kingdom Maritime Trade Operations said in a statement, adding the ship’s crew had been reported as safe. -- AFP
The U.K. maritime agency said Thursday (March 12, 2026) that a projectile struck a container ship near the United Arab Emirates.
“The container ship was struck by (an) unknown projectile causing a small fire onboard,” the United Kingdom Maritime Trade Operations said in a statement, adding the ship’s crew had been reported as safe. -- AFP
• March 12, 2026 09:51 Attempts on to control LPG crisis, says Union Minister Suresh GopiUnion Minister of State for Petroleum and Natural Gas Suresh Gopi on Thursday (March 12, 2026) said that efforts are underway to bring the LPG crisis under control and that avenues are opening for India to secure additional supply.Speaking to reporters in Thrissur, he said Union Minister Hardeep Singh Puri had answered questions regarding the LPG crisis in Parliament on Wednesday (March 11, 2026).He said due to diplomatic sensitivities, some matters related to supply through the Hormuz Strait cannot be revealed. -- PTIAttempts on to control LPG crisis, says Union Minister Suresh GopiUnion Minister Suresh Gopi announces efforts to control the LPG crisis amid diplomatic sensitivities affecting supply through the Hormuz Strait.
Union Minister of State for Petroleum and Natural Gas Suresh Gopi on Thursday (March 12, 2026) said that efforts are underway to bring the LPG crisis under control and that avenues are opening for India to secure additional supply.
Speaking to reporters in Thrissur, he said Union Minister Hardeep Singh Puri had answered questions regarding the LPG crisis in Parliament on Wednesday (March 11, 2026).
He said due to diplomatic sensitivities, some matters related to supply through the Hormuz Strait cannot be revealed. -- PTI
Attempts on to control LPG crisis, says Union Minister Suresh Gopi
Union Minister Suresh Gopi announces efforts to control the LPG crisis amid diplomatic sensitivities affecting supply through the Hormuz Strait.
• March 12, 2026 09:20 LPG shortage hits Delhi High Court lawyers’ canteen, main course meals suspendedThe lawyers’ canteen at the Delhi High Court on Wednesday suspended preparation of main course meals due to unavailability of LPG gas cylinders.In a notice, the canteen management said they were unable to cook regular meals as the gas supply had run out and there was no clarity on when fresh cylinders would be available.“Due to the unavailability of the LPG gas cylinders at present, we regret that we are unable to prepare and serve the main course items in the lawyers’ canteen,” the notice stated, adding that normal cooking operations would resume once the supply is restored.The canteen, however, clarified that it would continue to serve alternative food items such as sandwiches, salads, fruit chaats and other light refreshments. -- The Hindu Bureau
The lawyers’ canteen at the Delhi High Court on Wednesday suspended preparation of main course meals due to unavailability of LPG gas cylinders.
In a notice, the canteen management said they were unable to cook regular meals as the gas supply had run out and there was no clarity on when fresh cylinders would be available.
“Due to the unavailability of the LPG gas cylinders at present, we regret that we are unable to prepare and serve the main course items in the lawyers’ canteen,” the notice stated, adding that normal cooking operations would resume once the supply is restored.
The canteen, however, clarified that it would continue to serve alternative food items such as sandwiches, salads, fruit chaats and other light refreshments. -- The Hindu Bureau
• March 12, 2026 09:19 War in West Asia: What happens to India’s oil, gas and fertilizer supply? | Business Matters Watch: War in West Asia: What happens to India’s oil, gas and fertilizer supply? | Business MattersBrent crude oil prices spiked nearly 30% on Monday, jumping close to $120 a barrel - from around $70 just days earlier - before settling lower the next day. The surge follows Iran hardening its stance and the United States vowing stronger strikes. What could this mean for global crude oil prices, and more importantly, for India’s oil, LNG, LPG and fertilizer supplies — with the Strait of Hormuz now all but closed?
Watch: War in West Asia: What happens to India’s oil, gas and fertilizer supply? | Business Matters
Brent crude oil prices spiked nearly 30% on Monday, jumping close to $120 a barrel - from around $70 just days earlier - before settling lower the next day. The surge follows Iran hardening its stance and the United States vowing stronger strikes. What could this mean for global crude oil prices, and more importantly, for India’s oil, LNG, LPG and fertilizer supplies — with the Strait of Hormuz now all but closed?
• March 12, 2026 09:17 U.S.-Israeli-Iran war: why oil prices are suddenly surging worldwide| Explained Watch: U.S.-Israeli-Iran war: why oil prices are suddenly surging worldwide| ExplainedExplore how the U.S.-Israeli-Iran conflict is impacting global oil prices and energy markets amidst escalating tensions.
Watch: U.S.-Israeli-Iran war: why oil prices are suddenly surging worldwide| Explained
Explore how the U.S.-Israeli-Iran conflict is impacting global oil prices and energy markets amidst escalating tensions.
• March 12, 2026 09:16 India’s LPG crunch explained: What caused it and what happens next? | The Hindu ExplainsIndia’s LPG crunch explained: What caused it and what happens next? | The Hindu ExplainsExplore the causes and implications of India's LPG supply crunch amid West Asia's conflict and its impact on local businesses.
India’s LPG crunch explained: What caused it and what happens next? | The Hindu Explains
Explore the causes and implications of India's LPG supply crunch amid West Asia's conflict and its impact on local businesses.
• March 12, 2026 09:15 Uptake of induction stoves sluggish in low-income Indian householdsE-commerce platforms have seen mounting demand for induction cooktops amid the West Asia crisis, which has led to public anxiety about disruptions to LPG supplies. While prices for cooktops have gone up, supplies remained available on e-commerce platforms in many cities, at least as of Wednesday (March 11, 2026).While a small minority of Indian households use induction cooktops, only 5% of households had “electric penetration” in their kitchens, Milind Deore, the Bureau of Energy Efficiency’s Secretary said in a discussion held back in 2024.Uptake of induction stoves sluggish in low-income Indian householdsInduction stove adoption in low-income Indian households remains low due to limited electrical infrastructure and high costs despite rising demand.
E-commerce platforms have seen mounting demand for induction cooktops amid the West Asia crisis, which has led to public anxiety about disruptions to LPG supplies. While prices for cooktops have gone up, supplies remained available on e-commerce platforms in many cities, at least as of Wednesday (March 11, 2026).
While a small minority of Indian households use induction cooktops, only 5% of households had “electric penetration” in their kitchens, Milind Deore, the Bureau of Energy Efficiency’s Secretary said in a discussion held back in 2024.
Uptake of induction stoves sluggish in low-income Indian households
Induction stove adoption in low-income Indian households remains low due to limited electrical infrastructure and high costs despite rising demand.
• March 12, 2026 08:57 Bangladesh secures spot LNG cargoes as West Asia conflict lifts costsBangladesh has bought three liquefied natural gas (LNG) cargoes on the spot market at higher prices, as it scrambles to steady supplies amid disruptions from the escalating Iran–Israel conflict, energy officials said.State-run Petrobangla has increasingly turned to the volatile spot market to bridge the supply gap, said energy officials in the South Asian nation, after some suppliers were forced to halt shipments.“If the disruption drags on, we’ll have to lean more on costly spot LNG, which will add to our import burden and tighten supplies for power and industry,” an energy ministry official said, speaking on condition of anonymity.The nation of 175 million relies on imports for roughly 95% of its energy needs. It has imposed fuel rationing for vehicles, curbed diesel sales and shut universities as the Iran war disrupts Middle East oil exports.TotalEnergies will supply one cargo priced at $21.58 per million British thermal units (mmBtu) for delivery on April 5 to 6, while two from Posco International Corp priced at $20.76 per mmBtu each are set for delivery on April 9 to 10 and April 12 to 13.The purchases come after QatarEnergy suspended LNG deliveries to Bangladesh under a long-term contract, citing such disruptions. -- Reuters
Bangladesh has bought three liquefied natural gas (LNG) cargoes on the spot market at higher prices, as it scrambles to steady supplies amid disruptions from the escalating Iran–Israel conflict, energy officials said.
State-run Petrobangla has increasingly turned to the volatile spot market to bridge the supply gap, said energy officials in the South Asian nation, after some suppliers were forced to halt shipments.
“If the disruption drags on, we’ll have to lean more on costly spot LNG, which will add to our import burden and tighten supplies for power and industry,” an energy ministry official said, speaking on condition of anonymity.
The nation of 175 million relies on imports for roughly 95% of its energy needs. It has imposed fuel rationing for vehicles, curbed diesel sales and shut universities as the Iran war disrupts Middle East oil exports.
TotalEnergies will supply one cargo priced at $21.58 per million British thermal units (mmBtu) for delivery on April 5 to 6, while two from Posco International Corp priced at $20.76 per mmBtu each are set for delivery on April 9 to 10 and April 12 to 13.
The purchases come after QatarEnergy suspended LNG deliveries to Bangladesh under a long-term contract, citing such disruptions. -- Reuters
• March 12, 2026 08:47 Brent crude back above $100 a barrel on West Asia conflictOil prices surged more than 9% on Thursday (March 12, 2026) to break back above $100 a barrel after fresh Iranian strikes on supplies and infrastructure in the West Asia overshadowed a record release of stockpiles by the International Energy Agency.Brent crude jumped 9.3% to $100.50, while West Texas Intermediate was up 8.8% at $94.92 at around 0305 GMT. -- AFP
Oil prices surged more than 9% on Thursday (March 12, 2026) to break back above $100 a barrel after fresh Iranian strikes on supplies and infrastructure in the West Asia overshadowed a record release of stockpiles by the International Energy Agency.
Brent crude jumped 9.3% to $100.50, while West Texas Intermediate was up 8.8% at $94.92 at around 0305 GMT. -- AFP
• March 12, 2026 08:45 Why is India staring at LPG shortage?With LPG shortage hitting day-to-day life in India, data suggest while the nation opted for a dramatic surge in LPG use, especially among poor households, driven by imports there was no plan to boost long-term, strategic LPG reserves in parallel.With more than 85% of all of India’s imports having to cross Strait of Hormuz to reach the nation’s shores and limited back-up storage, the disruption has hit quickly unlike in the case of auto fuel where strategic reserves of crude oil and products are equal to two months of consumption.Why is India staring at LPG shortage?With LPG shortage hitting day-to-day life in India, data suggest while the nation opted for a dramatic surge in LPG use, especially among poor households, driven by imports there was a no plan to boost long-term, strategic LPG reserves in parallel.
With LPG shortage hitting day-to-day life in India, data suggest while the nation opted for a dramatic surge in LPG use, especially among poor households, driven by imports there was no plan to boost long-term, strategic LPG reserves in parallel.
With more than 85% of all of India’s imports having to cross Strait of Hormuz to reach the nation’s shores and limited back-up storage, the disruption has hit quickly unlike in the case of auto fuel where strategic reserves of crude oil and products are equal to two months of consumption.
Why is India staring at LPG shortage?
With LPG shortage hitting day-to-day life in India, data suggest while the nation opted for a dramatic surge in LPG use, especially among poor households, driven by imports there was a no plan to boost long-term, strategic LPG reserves in parallel.
• March 12, 2026 08:39 Fuel crisis, supply chain disruption, rise in cost of raw material amid West Asia conflict hit Haryana industryThe fuel crisis and supply chain disruptions coupled with increase in packaging and raw material costs over the past week due to the raging conflict in West Asia have hit the industry in Haryana across all sectors.A large number of textile, food processing, pharmaceutical and agricultural implements units in Panipat, Sonipat, and Karnal rely on liquefied petroleum gas (LPG) to run industrial boilers for dyeing, heating, and sterilisation. Most of these units are on the verge of shutting down operations, Manoj Arora, secretary, Haryana Chamber of Commerce and Industry (HCCI), told The Hindu.“The cost of commercial LPG cylinders rose by around 20% over the past few days. It is not available since yesterday [Tuesday],” Mr. Arora said.Fuel crisis, supply chain disruption, rise in cost of raw material amid West Asia conflict hit Haryana industryHaryana's industries face shutdowns due to fuel crisis, supply chain disruptions, and rising raw material costs amid West Asia conflict.
The fuel crisis and supply chain disruptions coupled with increase in packaging and raw material costs over the past week due to the raging conflict in West Asia have hit the industry in Haryana across all sectors.
A large number of textile, food processing, pharmaceutical and agricultural implements units in Panipat, Sonipat, and Karnal rely on liquefied petroleum gas (LPG) to run industrial boilers for dyeing, heating, and sterilisation. Most of these units are on the verge of shutting down operations, Manoj Arora, secretary, Haryana Chamber of Commerce and Industry (HCCI), told The Hindu.
“The cost of commercial LPG cylinders rose by around 20% over the past few days. It is not available since yesterday [Tuesday],” Mr. Arora said.
Fuel crisis, supply chain disruption, rise in cost of raw material amid West Asia conflict hit Haryana industry
Haryana's industries face shutdowns due to fuel crisis, supply chain disruptions, and rising raw material costs amid West Asia conflict.
• March 12, 2026 08:38 LPG cylinder shortage: Bengaluru hotels switch to induction, kerosene stoves LPG cylinder shortage: Bengaluru hotels switch to induction, kerosene stovesIn an attempt to keep their kitchens running, many restaurants in Bengaluru have turned to alternatives such as kerosene stoves, induction cooktops.
LPG cylinder shortage: Bengaluru hotels switch to induction, kerosene stoves
In an attempt to keep their kitchens running, many restaurants in Bengaluru have turned to alternatives such as kerosene stoves, induction cooktops.
• March 12, 2026 08:35 Spike in oil, U.S. yields seen dragging Indian bonds lowerIndian government bonds are set to decline on Thursday (March 12, 2026), tracking a spike in crude oil prices and U.S. Treasury yields, while the benchmark bond could see some selling pressure after the central bank did not include the note in its debt purchase programme.The benchmark 6.48% 2035 bond yield will likely hover between 6.63% and 6.69%, a private bank trader said. The yield had ended at 6.6366% on Wednesday (March 11, 2026). Bond yields move inversely to prices.Directionally, bonds should head down, as all indicators favour the bears. Having said that, the central bank is expected to make its presence felt in the secondary market, like the last hour of the session yesterday,” the trader said.An investor category that consists of the Reserve Bank of India, along with other long-term investors, net bought bonds worth ₹53 billion on Wednesday (March 11, 2026), data showed.Traders estimate a bulk of these purchases would be from the RBI in the benchmark paper, which aided a swift decline in yields.Oil prices jumped again after staying steady for the last couple of sessions, with the benchmark Brent Crude contract nearing $100 per barrel after Iraqi security officials said Iranian explosive-laden boats had hit two fuel oil tankers amid other global supply disruptions from the U.S.-Israeli war on Iran. -- Reuters
Indian government bonds are set to decline on Thursday (March 12, 2026), tracking a spike in crude oil prices and U.S. Treasury yields, while the benchmark bond could see some selling pressure after the central bank did not include the note in its debt purchase programme.
The benchmark 6.48% 2035 bond yield will likely hover between 6.63% and 6.69%, a private bank trader said. The yield had ended at 6.6366% on Wednesday (March 11, 2026). Bond yields move inversely to prices.
Directionally, bonds should head down, as all indicators favour the bears. Having said that, the central bank is expected to make its presence felt in the secondary market, like the last hour of the session yesterday,” the trader said.
An investor category that consists of the Reserve Bank of India, along with other long-term investors, net bought bonds worth ₹53 billion on Wednesday (March 11, 2026), data showed.
Traders estimate a bulk of these purchases would be from the RBI in the benchmark paper, which aided a swift decline in yields.
Oil prices jumped again after staying steady for the last couple of sessions, with the benchmark Brent Crude contract nearing $100 per barrel after Iraqi security officials said Iranian explosive-laden boats had hit two fuel oil tankers amid other global supply disruptions from the U.S.-Israeli war on Iran. -- Reuters
• March 12, 2026 08:32 Uttarakhand hospitals to get LPG cylinders on 'priority basis'The Uttarakhand Government has decided to provide commercial gas cylinders to hospitals and educational institutions on a priority basis amid fears of a possible disruption in gas supply due to conflict in West Asia. The Government has also begun preparations to provide wood for commercial use if needed, but asserted that there was no shortage of gas cylinders in the State. State Chief Secretary Anand Bardhan held a review meeting in the state’s summer capital, Gairsain, with officials from all districts and State-level coordinators from oil and gas companies joining the meeting via videoconference.According to a government release, the meeting decided to prioritise the supply of commercial gas cylinders to hospitals and educational institutions.It was decided in the meeting that for the time being, the supply of cylinders to hotels, dhabas, and other commercial establishments would be limited to avoid any disruption to essential services.The chief secretary clarified that there is adequate availability of domestic gas cylinders in the state and there is no shortage of any kind.Mr. Bardhan directed to strictly curb the black marketing and illegal storage of gas cylinders and conduct regular raids in the districts. He also told them to form quick response teams (QRTs) headed by sub-district magistrates at the tehsil level. -- PTI
The Uttarakhand Government has decided to provide commercial gas cylinders to hospitals and educational institutions on a priority basis amid fears of a possible disruption in gas supply due to conflict in West Asia.
The Government has also begun preparations to provide wood for commercial use if needed, but asserted that there was no shortage of gas cylinders in the State.
State Chief Secretary Anand Bardhan held a review meeting in the state’s summer capital, Gairsain, with officials from all districts and State-level coordinators from oil and gas companies joining the meeting via videoconference.
According to a government release, the meeting decided to prioritise the supply of commercial gas cylinders to hospitals and educational institutions.
It was decided in the meeting that for the time being, the supply of cylinders to hotels, dhabas, and other commercial establishments would be limited to avoid any disruption to essential services.
The chief secretary clarified that there is adequate availability of domestic gas cylinders in the state and there is no shortage of any kind.
Mr. Bardhan directed to strictly curb the black marketing and illegal storage of gas cylinders and conduct regular raids in the districts. He also told them to form quick response teams (QRTs) headed by sub-district magistrates at the tehsil level. -- PTI
• March 12, 2026 08:30 Will tap Strategic Petroleum Reserve to try to reduce gasoline prices, says Donald TrumpPresident Donald Trump says his administration will tap the United States’ Strategic Petroleum Reserve to try and reduce gasoline prices that have risen due to the Iran war.During an interview Wednesday (March 11, 2026) with WKRC Local 12 in Cincinnati, Trump was asked about tapping the reserve and said, “Well, we’ll do that and then we’ll fill it up.” He added, “Right now we’ll reduce it a little bit, and that brings the prices down.” He didn’t specify how many barrels of oil the U.S. would release.Trump frequently criticised the administration of Joe Biden for tapping the reserve to try and bring down gas prices. -- AP
President Donald Trump says his administration will tap the United States’ Strategic Petroleum Reserve to try and reduce gasoline prices that have risen due to the Iran war.
During an interview Wednesday (March 11, 2026) with WKRC Local 12 in Cincinnati, Trump was asked about tapping the reserve and said, “Well, we’ll do that and then we’ll fill it up.” He added, “Right now we’ll reduce it a little bit, and that brings the prices down.” He didn’t specify how many barrels of oil the U.S. would release.
Trump frequently criticised the administration of Joe Biden for tapping the reserve to try and bring down gas prices. -- AP
• March 12, 2026 08:14 Gulf tensions trigger LPG supply concerns in Andhra PradeshAmid the ongoing conflict in the Gulf region following the U.S. and Israeli strikes on Iran, concerns are growing in Andhra Pradesh over the availability of LPG cylinders.According to official sources, the State currently has about 1.7 crore domestic LPG connections. The connections are almost evenly distributed among the major downstream oil marketing companies. Hindustan Petroleum Corporation Ltd., Bharat Petroleum Corporation Ltd., and Indian Oil Corporation Ltd. each account for about 30% to 34% of the market share.Gulf tensions trigger LPG supply concerns in Andhra PradeshAuthorities in Andhra Pradesh assure uninterrupted LPG supply amid Gulf tensions, easing consumer concerns while addressing commercial sector restrictions.
Amid the ongoing conflict in the Gulf region following the U.S. and Israeli strikes on Iran, concerns are growing in Andhra Pradesh over the availability of LPG cylinders.
According to official sources, the State currently has about 1.7 crore domestic LPG connections. The connections are almost evenly distributed among the major downstream oil marketing companies. Hindustan Petroleum Corporation Ltd., Bharat Petroleum Corporation Ltd., and Indian Oil Corporation Ltd. each account for about 30% to 34% of the market share.
Gulf tensions trigger LPG supply concerns in Andhra Pradesh
Authorities in Andhra Pradesh assure uninterrupted LPG supply amid Gulf tensions, easing consumer concerns while addressing commercial sector restrictions.
• March 12, 2026 07:46 Oil climbs as tankers are attacked in Iraqi watersOil prices climbed on Thursday after Iraqi security officials said Iranian explosive-laden boats had hit two fuel oil tankers amid other global supply disruptions from the U.S.-Israeli war on Iran.Brent futures rose $5.69, or 6.19%, to $97.67 a barrel at 0118 GMT, and U.S. West Texas Intermediate (WTI) crude was up $5.11, or 5.86%, to $92.36.Two foreign tankers carrying Iraqi fuel oil were hit by unidentified attackers in Iraq’s territorial waters, causing them to catch fire, the director general of the General Company for Ports, Farhan al-Fartousi, told Reuters on Wednesday.-- ReutersOil prices climb as tankers are attacked in Iraqi waters amid West Asia conflictOil prices surge as Iranian attacks on tankers in Iraqi waters escalate tensions amid the ongoing West Asia conflict.
Oil prices climbed on Thursday after Iraqi security officials said Iranian explosive-laden boats had hit two fuel oil tankers amid other global supply disruptions from the U.S.-Israeli war on Iran.
Brent futures rose $5.69, or 6.19%, to $97.67 a barrel at 0118 GMT, and U.S. West Texas Intermediate (WTI) crude was up $5.11, or 5.86%, to $92.36.
Two foreign tankers carrying Iraqi fuel oil were hit by unidentified attackers in Iraq’s territorial waters, causing them to catch fire, the director general of the General Company for Ports, Farhan al-Fartousi, told Reuters on Wednesday.-- Reuters
Oil prices climb as tankers are attacked in Iraqi waters amid West Asia conflict
Oil prices surge as Iranian attacks on tankers in Iraqi waters escalate tensions amid the ongoing West Asia conflict.
• March 12, 2026 07:44 Air New Zealand cuts 1,100 flights over fuel price fearsNew Zealand’s national airline said Thursday (March 12, 2026) it would cancel 1,100 flights over the next two months, pointing to the impact of the war in the Middle East.Air New Zealand chief executive Nikhil Ravishankar said around five percent of its flights will be cancelled, affecting 44,000 passengers.The cancelled flights are mostly on domestic routes within New Zealand but will also include some international flights, he said.Flights between New Zealand and the United States would not be impacted due to increased demand for alternative routes to Europe, Ravishankar added.“With the unprecedented volatility in jet fuel prices due to the conflict in the Middle East, airlines around the world are adjusting fares and their schedules to help manage the impact of these significantly increased costs,” Mr. Ravishankar said.Ravishankar said jet fuel typically cost about US$85 a barrel, but prices were now double that.Cancellations would help keep flying as affordable as possible and ensure the company was efficient with fuel, he said. -- AFP
New Zealand’s national airline said Thursday (March 12, 2026) it would cancel 1,100 flights over the next two months, pointing to the impact of the war in the Middle East.
Air New Zealand chief executive Nikhil Ravishankar said around five percent of its flights will be cancelled, affecting 44,000 passengers.
The cancelled flights are mostly on domestic routes within New Zealand but will also include some international flights, he said.
Flights between New Zealand and the United States would not be impacted due to increased demand for alternative routes to Europe, Ravishankar added.
“With the unprecedented volatility in jet fuel prices due to the conflict in the Middle East, airlines around the world are adjusting fares and their schedules to help manage the impact of these significantly increased costs,” Mr. Ravishankar said.
Ravishankar said jet fuel typically cost about US$85 a barrel, but prices were now double that.
Cancellations would help keep flying as affordable as possible and ensure the company was efficient with fuel, he said. -- AFP
• March 12, 2026 07:44 Congress criticises BJP for gas shortagesAmid long queues outside gas agencies fearing an LPG shortage in some districts of Uttar Pradesh on Wednesday (March 11, 2026) due to impact of conflict in West Asia, the Congress accused the Bharatiya Janata Party (BJP) government of failing to check black marketing alleging just as the BJP abandoned the country’s people to die during the COVID-19 pandemic, the same scenario is being repeated today in the name of gas supply, whether domestic or commercial, there are shortages everywhere. -- MayankCongress criticises BJP for gas shortages, highlighting public suffering amid viral videos of long queues in Uttar PradeshU.P. Congress chief Ajay Rai criticizes the BJP for gas shortages, highlighting public suffering amid viral videos of long queues.
Amid long queues outside gas agencies fearing an LPG shortage in some districts of Uttar Pradesh on Wednesday (March 11, 2026) due to impact of conflict in West Asia, the Congress accused the Bharatiya Janata Party (BJP) government of failing to check black marketing alleging just as the BJP abandoned the country’s people to die during the COVID-19 pandemic, the same scenario is being repeated today in the name of gas supply, whether domestic or commercial, there are shortages everywhere. -- Mayank
Congress criticises BJP for gas shortages, highlighting public suffering amid viral videos of long queues in Uttar Pradesh
U.P. Congress chief Ajay Rai criticizes the BJP for gas shortages, highlighting public suffering amid viral videos of long queues.
Published - March 12, 2026 08:08 am IST
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