Gujarat to provide immediate PNG connections in CGD areas

Immediate PNG connections now available in Gujarat’s CGD areas

Gujarat government announces immediate PNG connections for institutions, ensures LPG, petrol, diesel, and kerosene supplies, prioritizing rural households and schools.

India to receive two LPG cargoes via Strait of Hormuz soon

India to receive two LPG cargoes via Strait of Hormuz soon

India to receive two LPG cargoes totalling 80,000 tonnes via Strait of Hormuz soon

The live blog is now closed.

Industries in Gujarat get blanket nod to use alternative fuels amid gas crunch

Industries in Gujarat get blanket nod to use alternative fuels amid gas crunch

Gujarat allows industries to temporarily switch to alternative fuels amid gas shortages, easing production constraints for three months.

OMCs considering restricted LPG supply to restaurants after industry plea

OMCs considering restricted LPG supply to restaurants after industry plea

The National Restaurant Association of India (NRAI) has stepped up engagement with the government and oil marketing companies, pushing for immediate restoration of supply and even temporary recognition of restaurants as “essential services” to ensure fuel access.

College campuses trim menus, use cooking alternatives to feed students

College campuses trim menus, use cooking alternatives to feed students

Colleges adapt to LPG shortages by optimizing menus and implementing alternative cooking methods to ensure uninterrupted student meals.

Hospitality industry urges swift allocation of LPG as players begin suspending operations

Hospitality industry urges swift allocation of LPG as players begin suspending operations

Hospitality industry faces LPG shortages, with 30% of hotels and restaurants suspending operations; urgent government action needed.

India steps up talks with Iran as govt grapples with re-prioritising LPG stocks

India steps up talks with Iran as govt grapples with re-prioritising LPG stocks

India intensifies talks with Iran amid LPG supply concerns, with expectations of positive developments following PM Modi’s recent discussions.

Most religious community kitchens functioning as usual

Most religious community kitchens functioning as usual

Community kitchens in India continue operating amid LPG supply concerns, relying on alternative energy sources to serve devotees.

West Asia turmoil may cut India CGD gas sales 8–10%: Crisil

Ongoing disruptions in West Asia are likely to reduce daily sales volumes of India’s City Gas Distribution (CGD) industry by 8–10% as natural gas supplies tighten, according to Crisil Ratings. The Industrial and Commercial (PNG-I&C) segment is expected to be the worst hit due to its heavy reliance on imported LNG, especially from Qatar. Meanwhile, CNG and domestic PNG segments—accounting for about 70% of volumes—remain relatively insulated as they rely on domestically allocated gas. Although higher LNG prices are pushing up input costs, CGD companies are expected to pass on these increases to consumers, limiting margin pressure. Strong balance sheets and liquidity buffers should support credit stability. – ANI

India has adequate petrol, diesel supply; LPG remains concern amid West Asia tensions

Amid global supply worries triggered by tensions in West Asia, the Ministry of Petroleum and Natural Gas has assured that petrol and diesel remain adequately available across India. Speaking at an inter-ministerial briefing, Joint Secretary Sujata Sharma said all refineries are operating at full capacity and the country has sufficient crude inventories, ensuring stable fuel supplies. However, LPG availability continues to remain a concern due to external supply constraints. The government said no distributor has reported a dry-out so far and urged citizens to avoid panic buying or believing rumours. It also encouraged commercial users facing LPG shortages to shift to Piped Natural Gas (PNG) through local City Gas Distribution networks.

Civic-run Samridhi@Kochi switches to firewood cooking amid LPG crisis

Civic-run Samridhi@Kochi switches to firewood cooking amid LPG crisis

Samridhi@Kochi adapts to LPG shortage by using firewood for cooking, ensuring affordable meals despite menu changes and service limitations.

India tells LPG customers to avoid panic bookings, shift to piped natural gas wherever possible

India has asked ⁠liquefied petroleum gas ‌customers to ‌avoid ‌panic ⁠bookings ⁠and shift to ‌piped natural gas wherever possible, ‌said Sujata Sharma, a ⁠joint secretary ‌in the federal oil ministry, ‌on Friday.

Telangana holds 10.6 tonne of LPG, no shortage of domestic cooking gas: Minister Uttam Reddy

Assuring that there is no shortage of LPG supply for domestic consumers, the Telangana government on Friday said the state currently maintains about 10,611 tonne of the cooking fuel in stock—equivalent to about 6.97 lakh cylinders.

Telangana boasts a robust LPG network, with around 12.9 million active domestic connections serviced by 810 distributors. The daily requirement stands at approximately 2.5 lakh cylinders, of which domestic users account for nearly 86 per cent, leaving commercial demand at about 14 per cent, an official release said.

LPG remains matter of concern, no dry out reported at any of 25,000 distributors: Petroleum Ministry

Amid rising concerns over global supply constraints of LPG due to the ongoing tensions in West Asia, the Ministry of Petroleum and Natural Gas on Friday assured that India has adequate availability of petrol and diesel across the country, while the LPG situation continues to remain a “matter of concern” for the government.

Speaking during an inter-ministerial briefing, Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) at the Ministry of Petroleum and Natural Gas, said petrol and diesel supplies remain stable and available at all fuel stations.

Bihar: Long queues outside LPG distribution centres despite official claim of ‘no shortage’

Long queues were witnessed outside LPG distribution centres across Bihar despite the district administrations claiming there was no shortage of the domestic gas cylinders.

People turned up in large numbers at distribution agencies in Patna, Bhagalpur, Rohtas, Katihar and other districts.

Speaking to reporters here, Patna District Magistrate Thiyagarajan SM said, “There is no short supply of LPG cylinders in the district. People should avoid panic buying and remain calm because the situation is normal.” He urged people to remain patient and rely on official information provided by the district administration rather than being “misled” by rumours.

LPG availability issues hit street vendors in Delhi; livelihoods affected as black market thrives

Issues with the availability of LPG have begun to disrupt the livelihoods of street vendors across the national capital, forcing many to shutter their stalls or borrow heavily to sustain daily operations.

The disruption has pushed several small-scale traders into financial distress. While some have suspended business, others are buying cylinders at “inflated rates” on the black market to keep their stoves burning.

Modi Talks With Iran’s President as Tankers Stall in Hormuz

The message did not specifically mention maritime traffic through the Strait of Hormuz, which carries about a fifth of the world’s crude and is an essential corridor for India’s energy needs. The narrow waterway has effectively been closed since the US and Israel attacked Iran at the end of last month.

Jindal Stainless flags operations disruption due to fuel shortage

Jindal Stainless flags operations disruption due to fuel shortage

Jindal Stainless faces operational disruptions and reduced capacity due to fuel shortages from the ongoing West Asia conflict.

Cut in gas supply puts many steel companies in the dock

Cut in gas supply puts many steel companies in the dock

Gas supply cuts and rupee depreciation are severely impacting steel production and costs, threatening smaller companies in India.

No LPG shortage in Gujarat, more than 4 lakh cylinders in stock, says govt

The Gujarat government on Friday dismissed the Opposition’s claims about an LPG and natural gas shortage triggered by the conflict in West Asia, assuring the legislative assembly that the state has a stock of more than four lakh cylinders.

Congress MLAs, earlier in the day, staged a protest outside the assembly complex demanding that LPG cylinders be provided to homemakers at ₹450.

The Delhi Sikh Gurdwara Committee on Friday sought the petroleum minister’s help in ensuring a steady supply of LPG cylinders to ensure the ‘langar’ (community kitchen) service continues without fail.

In a letter to Union Petroleum Minister Hardeep Singh Puri, the DSGMC said the war in West Asia has affected the langar service across gurdwaras for want of LPG because its supply has been “stopped” by the gas agencies.

A DSGMC office-bearer said that although there is a piped natural gas supply in bigger gurdwaras, the smaller ones depend on LPG cylinders for running the langar kitchens. – PTI

Tough measures to be taken against black marketing of LPG: Telangana Civil Supplies Minister N Uttam Kumar Reddy

Reddy, who held a meeting with senior officials on cooking gas and facing water shortage during summer, said government officials should take steps to dispel any misconceptions among people.

He asserted that tough measures would be taken against black marketing of LPG.

He also assured that LPG would be supplied adequately to hospitals and government hospitals, according to an official release.

Telangana Civil Supplies Minister assures adequate supply of LPG to domestic consumers

Telangana Civil Supplies Minister N Uttam Kumar Reddy on Friday assured that LPG would be supplied adequately to domestic consumers and directed district officials to take steps against black marketing. (PTI)

Workers load empty liquefied petroleum gas (LPG) cylinders onto a truck at an Indane gas agency amid an ongoing supply shortage, in Patna on Friday.

Photo credit: ANI

Jindal Stainless cuts output as LPG and natural gas shortages impact plant operations

Jindal Stainless: Due to the heavy dependence of stainless steel manufacturing on industrial gases such as propane/ LPG and natural gas, several processes across our plants have been adversely impacted. Unlike conventional steel industry, which largely utilises blast furnace and coke oven gases as energy sources, the stainless steel industry follows the scrap-based production route where such gases are not generated internally. Given the constraints in fuel availability, our plants are operating at a rationalised capacity

LPG shortage hits Kota’s hostels and messes; authorities restrict commercial supply, ensure cylinders for students and hospitals

A shortage of domestic and commercial LPG cylinders, triggered by panic amid the conflict in West Asia, has affected the coaching hub of Kota, where around 4,000 hostels and over 500 mess facilities serve about one lakh students preparing for competitive exams.

District Collector Piyush Samaria on Thursday evening issued directions to ensure regular LPG cylinder supply to domestic consumers, hospitals and coaching institutions (with hostels), while imposing strict restrictions on the sale and supply of commercial LPG cylinders to other commercial establishments.

Following directions from the state government, Samaria also ordered the formation of committees to ensure a smooth supply of LPG cylinders in the district and prevent hoarding and black marketing. – PTI

Himachal Pradesh government assures adequate LPG stocks, urges public not to panic-book

Amid concerns over LPG availability in Himachal Pradesh, the state government on Friday assured that there is no panic situation and adequate stocks of cylinders are available across the state.Speaking to ANI in Shimla, Chief Secretary of Himachal Pradesh Sanjay Gupta said that panic booking by consumers had created temporary pressure on the servers of oil marketing companies.“We don’t have any panic situation right now, but people are panicking. Because of that, they are trying to book their gas as soon as possible, and due to this, the servers of oil marketing companies are facing some problems. We are sorting that out,” Gupta said. – ANI

LPG spot prices spike to $850/mt; OMC losses widen despite ₹60 hike

While the Saudi CP on a monthly basis stands at USD545/mt for March and the Argus April swaps are at USD570 (possibly due to Gulf illiquidity), media articles have cited that Indian spot prices jumped to USD800–850/mt. US propane, however, still seems to be priced at under USD600/mt (cif); going ahead, it can provide some respite as more volume comes in.

Following the ₹60/cyl RSP hike, LPG losses for OMCs are at ₹74, though they increase to almost ₹500 for spot cargo, with the rupee weakening further; hence, the OMC under-recovery scenario is uncertain and would depend on the Aramco-Sonatrach CP for April, besides US propane and Asian spot prices.

Commercial LPG prices were also increased by 7% on 7-Mar, with the Delhi rate at ₹1,883/cyl, while auto LPG prices were raised by ₹5–6/ltr on 11-Mar, with the Kolkata rate at ₹62.7/ltr. – Emkay

CGD sales may drop 8–10% amid Middle East gas supply disruption: CRISIL

The city gas distribution (CGD) industry in India may see its daily sales volume moderate by 8–10% due to reduced natural gas supply arising from the ongoing conflict in the Middle East, until the situation stabilizes in the near term. All the same, the ability to pass on price increases to end customers will cushion the CGD players’ profitability. Liquidity buffers, support from strong sponsors, and moderate leverage are likely to support the credit profiles of CGD players. However, prolonged uncertainty in the Middle East will remain a monitorable.

Our assessment of seven CGD companies, together accounting for ~70% of the sales volume last fiscal, indicates as much. For the record, the CGD industry relies on domestically produced natural gas for ~60% of its requirement, while imports account for the remaining ~40%. — CRISIL

Bengal: Long queues outside LPG distribution centres amid shortage fears

Long queues were seen outside LPG distribution centres across West Bengal on Friday, amid apprehensions of shortage of cooking gas cylinders due to the crisis in West Asia.

People stood with empty LPG cylinders outside such centres at various places of the state – from Kakdwip in the south to Siliguri in the north – claiming that they were not being able to make bookings online.

Crude oil may touch USD 150 per barrel if Strait of Hormuz remains closed for 4-8 weeks: Nuvama

Global crude oil prices could surge to as high as USD 150 per barrel if the Strait of Hormuz remains closed for the next four to eight weeks, according to a report by Nuvama.The report highlighted that the continued closure of the Strait of Hormuz (SoH), which handles around 20 million barrels per day (mbpd) of oil flows, could significantly tighten global supply and push crude prices into the range of USD 110-150 per barrel within four to eight weeks.

The government must first acknowledge the existence of a crisis in order to address it, says Congress MP Jebi Mather

State Chief Secretary Sanjay Gupta says, “There is no shortage of domestic gas in Himachal Pradesh. Uninterrupted supply will continue in schools and hospitals.”

Nepal sells half-filled gas canisters due to Mideast war

Congress MLAs protest at Maharashtra legislature over LPG ‘shortage’

ongress MLAs Nana Patole and Vijay Wadettiwar on Friday staged a protest on the premises of the Maharashtra legislature here, alleging a shortage of domestic LPG and demanding immediate intervention by the government.

Wadettiwar, who is also the Congress legislature party leader in the assembly, claimed that people across the state were facing severe hardship due to an “shortage” of LPG cylinders amid the conflict in West Asia.

While the government claims there is no shortage of LPG, the reality is that people are standing in long queues for cylinders and several hotels have shut down operations, he told reporter

Worker seen with LPG cylinders at Prayagraj gas agency amid ongoing supply crisis

A worker sits near LPG cylinders at an Indane gas agency, amid ongoing supply crisis in the country, in Prayagraj, Uttar Pradesh, Friday, March 13, 2026. – PTI Photo

Long queues for LPG refills in Patna amid nationwide shortage

People wait in a long queue to refill their LPG cylinders outside a gas agency amid reports of a nationwide shortage of LPG, in Patna on Friday. – ANI Photo

“Normal day, normal supply”: IndianOil reassures amid global energy crisis

“Normal day, normal supply”: IndianOil highlights steady operations amid global energy crisis

IndianOil reassures consumers of normal fuel supply in India despite global energy crisis, while analysts warn rising crude prices could pressure oil marketing companies.

Rupee hits fresh intraday low of 92.49/USD amid crude surge near USD 100 per barrel

The Indian rupee hit a fresh intraday low of 92.49 against the US dollar on Friday as Brent crude prices surged again to around USD 100 per barrel, putting renewed pressure on the domestic currency.

Currency experts told ANI that the rupee is likely to remain under pressure until there are clear signs of de-escalation in the ongoing geopolitical crisis, which has pushed global oil prices higher and strengthened the US dollar. – ANI

Rijiju warns Opposition that Lok Sabha disruptions erode public trust and will hurt their chances of returning to power

Union Minister of Parliamentary Affairs Kiren Rijiju on Friday expressed that the Opposition that continues disruptions of Lok Sabha proceedings would lead to a loss of public trust and prevent them from returning to power in the future.Speaking in the Lok Sabha Kiren Rijiju said,” Due to your (Opposition MPs’) acts (of disruption of the House), the public is angry with you, and you cannot come to power. With great sadness, I say that there is no one left in Congress who can make their leader (LoP Rahul Gandhi) understand. Along with their leader, all Congress leaders have deteriorated. There is still time; you should mend your ways, else the public will punish you.”

Shashi Tharoor welcomes India’s peace efforts on West Asia conflict, urges collective push to end crisis

Congress MP Shashi Tharoor on Friday welcomed Prime Minister Narendra Modi and External Affairs Minister S Jaishankar holding conversations with their Iranian counterparts and called for a “collective push” to end the West Asia conflict.

Speaking to reporters outside Parliament, Shashi Tharoor lauded India’s initiative for peace, noting that several nations have been affected amid the hampering of oil and gas trade routes via the Strait of Hormuz.

He said, “Glad that India is taking the initiative for peace. At the moment, neither side seems willing to settle. Although Trump said that he is running out of targets to hit, this may end soon. The Iranians have said that they expect the retaliation to continue. It is difficult for us sitting in Delhi to judge, but we should be a constructive voice for peace. This has hurt us badly and will hurt other countries’ gas supply and energy security. The safety of nine million Indians in the Gulf countries and our relationships are also at stake. It is in the interest of the world to collectively push to end this, and we should be a leading voice in the matter.” – ANI

Sensex, Nifty fall over 1% as West Asia conflict and surging oil prices spook markets

Benchmark indices Sensex and Nifty dropped over 1 per cent during intra-day trade on Friday dragged by intensifying conflict in West Asia and surging oil prices.

Besides, heavy selling in global markets, unabated foreign fund outflows and weakness in the rupee drove the equity benchmark indices lower.

Declining for the third day running, the 30-share BSE Sensex tumbled 963.98 points or 1.26 per cent to 75,070.44 during intra-day trade. The 50-share NSE Nifty dived 333.4 points or 1.41 per cent to 23,305.75.

Hindustan Unilever, Trent, Bharti Airtel and NTPC were the gainers.

Brent crude, the global oil benchmark, climbed 0.49 per cent to USD 101 per barrel. – PTI

India boosts LPG production, raises price and booking gap to manage supply

The GoI, on 9-Mar, directed all refineries to maximize LPG yields and channel the entire propane-butane stream output (including propylene, butene) solely to PSU OMCs, for domestic LPG. This has led to 28% rise in domestic output so far, implying 6% yield. 

We estimate 7.5mmtpa of total petchem conversion to LPG which could take the yield to 7%. 

On the demand front, the GoI raised price of a domestic cylinder by Rs60 wef 7-Mar, while also increasing the minimum booking gap from 21 to 25/45 days for urban/rural users. 

The booking-to-delivery cycle remains at 2.5 days, but per our checks, there could be a few days’ delay due to spurt in panic-booking. 

Supplies to C&I had been stopped, with a committee being set up for reviewing allocation; but this was followed by 20% normal allocation, which we believe is because there is already fall in demand (5mn domestic cylinders delivered daily vs 6mn in Jan-26). 

GoI has also taken steps to raise supply (and usage) of kerosene, FO, and other fuels to domestic and C&I customers. – Emkay

Britannia Industries reports no disruption from industrial gas supply issues; maintains adequate stock across supply chain

Britannia Industries has not experienced any significant disruption to operations at its manufacturing facilities on account of supply of industrial gas, it said the stock exchange.

The Company has adequate levels of finished goods available across its supply chain network to meet market demand. 

Lok Sabha adjourned amid opposition protests over LPG price hike; Rijiju criticises Congress and Rahul Gandhi

Lok Sabha proceedings were adjourned till 2 pm on Friday amid relentless protests by opposition members over the LPG situation and hike in its price due to the ongoing West Asia crisis.

As the House reassembled at 12 noon after an earlier adjournment over the same issue, Opposition members trooped into the Well and raised slogans against the government.

After laying of papers, Parliamentary Affairs Minister Kiren Rijiju slammed Congress leader Rahul Gandhi for refusing to understand the pulse of the people saying if the principal opposition continues to behave in such a manner, people will punish them severely.

“Their leader is refusing to change. Now the members are also behaving like him. Their leader is indulging in drama in Parliament premises by holding plate and glass. They think that by doing such theatrics they will be able to draw the attention of the people, but people know them very well that is why they have not been able to come to power,” Rijiju said. – PTI

Morgan Stanley research note on the Iran conflict and Strait of Hormuz disruptions

• recent Morgan Stanley report highlights how the Iran conflict and Strait of Hormuz closure cause far broader supply chain issues than just oil, impacting fertilizers, helium, sulfuric acid, aluminum, and more.

• Oil prices have surged to $94 per barrel due to halted shipments, drone attacks on vessels, and unsafe passage, but this is only the headline story.

• One-third of global urea (the world’s most used fertilizer) typically flows through the strait; with planting season underway, shortages are driving fertilizer prices higher.

• Curzio recommended CF Industries (a major fertilizer producer) weeks earlier; the stock has risen over 30% (e.g., from around $104 to $136 range in early March 2026).

• Qatar supplies 30–40% of global helium, mostly from one plant now shut down; helium is essential for semiconductor manufacturing, with no substitutes, and AI chips require even more of it.

• South Korean and Taiwanese chipmakers claim short-term helium supplies are sufficient, but prolonged closure threatens longer-term production.

• About 50% of global sulfuric acid originates from the Gulf region; it’s vital for extracting metals like copper, cobalt, nickel, zinc, and uranium—all critical for data centers and AI infrastructure.

• Gulf smelters (e.g., a major plant in Qatar shut since March 3) provide nearly 10% of global aluminum supply, adding further pressure on materials for infrastructure.

• Disruptions are extending beyond weeks to potentially months; even after reopening, Goldman estimates 20 more days of lingering effects.

• If issues persist into April, simultaneous hits could affect semiconductors, AI buildout, food prices, and energy markets.

• he U.S. benefits relatively more (as a net oil exporter), while allies in Asia, South America, and Europe face heavier economic damage from higher prices.

• Political pressure is building: Trump aims to resolve it quickly, but U.S. public support for the war is low, GOP senators are distancing themselves, and midterms loom.

LNG disruptions, rising crude prices pose energy shock risk; CGD, OMCs most exposed, ONGC and Oil India may benefit: Elara Capital

Elara Capital on India Energy

Energy shock risk from LNG disruptions in the Strait of Hormuz

Brent crude approaching $100 per barrel

Gas supply disruption impacting multiple sectors

CGD players most exposed: Petronet LNG, GAIL, Gujarat State Petronet Limited

RAC component makers vulnerable: Amber Enterprises India and PG Electroplast

Three-month disruption could cut Amber EPS by 30–35% and PG Electroplast EPS by 25–30%

OMCs most vulnerable: Bharat Petroleum, Hindustan Petroleum, Indian Oil Corporation

Upstream beneficiaries: Oil and Natural Gas Corporation and Oil India Limited

Hindalco Industries may benefit from tighter aluminium markets

Food delivery volumes up 20% YoY in Feb; LPG shortage may impact March-April growth: UBS

UBS on Food Delivery Cos

Receipts data suggests Feb’26 industry volumes +20-21% YoY

Feb’26 data shows

1) healthy growth trends in FD volume with industry growth sustaining above 20% YoY, however there could be an impact on March and April volumes due to the cooking gas supply shortage. 2) Stable market share so far in the first 2 months of Q4.

3) Blinkit widening the gap on QC reach vs Instamart and Zepto.

Eternal – Buy, TP Rs 375

Swiggy – Buy, TP Rs 510

Geopolitical risks and rising LPG, LNG costs threaten Indian auto sector

JPM on Autos

Ongoing geopolitical conflict & rising commodity prices are creating dual risks of production disruptions and cost inflation for the Indian Auto industry

Specific risks/challenges are as follows:

1) Gas (LNG/LPG) shortages (see note here) could lead to production shutdowns/disruptions,

2) Potential disruptions to CNG availability at pumps could impact consumer preference for these vehicles,

3) Higher fuel and commodity costs could hurt margins,

4) Global shipping disruptions could impact exports,

5) Weakening consumer sentiment could hurt the recovery that we have seen post the GST cuts.

Mar-26 retail volumes remain strong at the moment.

While acknowledging these risks, note that Nifty Auto Index is down 12% YTD (vs. Nifty down 9.5%) with some stocks back to levels seen pre-GST cuts

Prefer MSIL, MM and HMCL due to a combination of relative growth visibility and valuation support.

Hyderabad tiffin centres turn to electric stoves as commercial LPG shortage worsens

As various parts of the country report a shortage of commercial LPG supply in the wake of the West Asia conflict, Hyderabad has also been hit by a similar crisis. Hence, to maintain their daily operations, tiffin centres across the city are increasingly turning to electric stoves to prepare their dishes.Highlighting the severity of the situation, Raj Kumar, a chef at Devi Nashta Point, stated that there is a massive shortage of LPG in the city. He claimed that even at inflated rates of 3,000-4,000 rupees, cylinders remain unavailable.Consequently, the eatery is utilising electric stoves to maintain daily operations; however, Kumar noted that even finding a stove has now become a challenge in the city. – ANI

Impact of commercial LPG shortages on food manufacturing and processing operations.

Amit Goyal, CEO and Director of Amar Pure Gold

The availability of commercial LPG remains an important operational factor for the broader food ecosystem in India. While most organized food manufacturing units like ours have access to alternate fuel sources and contingency systems that allow production to continue without major disruption, we are closely monitoring the evolving situation given the seriousness of the issue.

At our manufacturing facilities, we have built operational flexibility by maintaining alternative energy options and fuel management systems to ensure continuity of production and supply.

However, it is important to note that the use of commercial LPG is significantly more concentrated in restaurants, cloud kitchens, catering units, and small food outlets. Any prolonged disruption in supply could have a much larger impact on these segments, potentially affecting food service operations and the overall industry ecosystem.

Given the interconnected nature of the food sector, uninterrupted fuel availability remains critical for the smooth functioning of the industry as a whole. We hope that supply stability is restored quickly to avoid wider disruptions across the food value chain

Export challenges for frozen food companies, particularly with logistics disruptions and port congestion

Frozen food exporters operate in a highly time-sensitive logistics environment where uninterrupted cold chain movement is critical. Port congestion and logistics disruptions can lead to vessel delays, higher freight costs, and operational challenges, particularly as frozen products rely on refrigerated containers and strict temperature control throughout transit.

Another challenge during congestion is the limited availability of refrigerated containers, as equipment often remains held up at congested ports, slowing down new export shipments.

That said, the impact of current geopolitical tensions on our exports has not been very severe so far. Key markets such as the USA, Canada, and Australia follow different sea routes and remain relatively insulated, while disruptions are more pronounced on routes connected to Europe, Africa, and parts of the Middle East.

One positive factor in these testing times has been the regulatory oversight and coordination by major economies and global shipping stakeholders, which has helped maintain relative stability in freight prices and the availability of containers so far

Oil & Gas Crisis – Key Takeaways

Scale of Crisis

* Global oil market facing ~10 mbpd supply gap by Apr’26 due to Middle East disruptions.

* Product markets (LPG/refined fuels) tighter than crude, creating immediate shortages.

* India facing severe LPG risk given large household consumption.

Storage & Asia Impact

* China: ~1.2bn barrels storage (~100+ days); stopped product exports.

* India: ~160mn barrels (~15–20 days); rest of Asia ~10 days buffer

* Asian shortage likely to reduce exports to Europe & Africa, worsening global product deficit.

India LPG Risk

* 50–60%+ LPG imports routed via Strait of Hormuz; India imports >50% of LPG consumption

* Govt may delay refinery maintenance to support domestic supply.

* Current risk mainly on LPG/product availability rather than crude supply

Refinery Damage

* Key Middle East assets hit including Ras Tanura Refinery, Fujairah Oil Terminal and Al-Zour Refinery

* ~2 mbpd refining capacity impacted (~20–25% of regional capacity)

Oil Price Outlook

* International Energy Agency released ~400mn barrels ,but prices rose as markets expect longer disruption

* $200/bbl scenario not ruled out if supply disruptions persist.

Geopolitical Context

* Strait of Hormuz remains the key global chokepoint, described as Iran’s “nuclear-level leverage”over oil markets.

* China well positioned with large storage while others run down inventories.

Recovery Outlook

* Crude supply can recover faster, but refinery/product supply will take longer due to infrastructure damage and priority to domestic fuel demand.

* ⁠View – Positional Buy Reliance – benefit for elevated spreads to continue. Correction is a buying opportunity.

Oil Minister states LPG supply concerns are driven by consumer fear, not actual shortages.

Chatha Foods assures stakeholders: operations unaffected by LPG shortage, production continues as usual

In light of the ongoing discussions around potential LPG supply constraints in India arising from global geopolitical developments, Chatha Foods Limited would like to inform its stakeholders regarding the Company’s manufacturing operations. The Company’s production processes are not dependent on LPG as a primary energy source. Our facilities are designed to operate through electricity and diesel-powered systems, enabling continuity of operations independent of LPG availability. Accordingly, any potential disruption or shortage in LPG supply is not expected to have a material impact on the Company’s manufacturing activities at this time. Chatha Foods continues to operate normally and remains focused on maintaining consistent production and supply to its partners and customers.

Maharashtra sets up district panels to ensure LPG supply amid Iran–Israel tensions

Maharashtra sets up panels to ensure LPG supply amid Iran–Israel conflict

Maharashtra forms district monitoring committees to ensure LPG supply amid Iran–Israel tensions, assures adequate stocks and warns citizens against panic buying.

Panic buying collapses LPG booking system at distribution points across Telangana

A massive surge in panic buying has led to the collapse of LPG booking system at several distribution points across Telangana.

According to Telangana LPG Distributors Association president Kalluri Jagan Mohan Reddy, the sudden spike in orders has paralysed the distribution network, disrupting operations at many LPG distribution centres in the state.

Refineries see lower margins on extra LPG output, but strong diesel and kerosene profits offset losses

Refinery economics: Producing additional LPG is less profitable compared to petrochemical products, but strong diesel and kerosene margins are helping refineries remain overall gainers in the current scenario. – Emkay

Diverting feedstock to LPG may impact supply of key petrochemical products, affecting plastics, rubber, coatings, pharma industries

Impact on industries: Diverting feedstock may reduce supplies of petrochemical products such as propylene, polypropylene, butadiene and butanol, affecting plastics, rubber, solvents, coatings and pharma sectors. – Emkay

Oil companies secure 1 million tonnes of US LPG as spot cargo prices rise

Oil marketing companies are buying spot LPG cargoes at higher prices, while 1 million tonnes of LPG has been secured from the US under a government-to-government deal, expected within 35–40 days. – Emkay

LPG yield has increased from 4.5% in January 2026 to about 6% now, and could rise further to around 7%

Refineries boost LPG production by 28% by diverting propane-butane streams from petrochemicals

Refineries have diverted propane-butane streams from petrochemicals to LPG, leading to a 28% rise in production so far. – Emkay

India’s LPG buffer at risk of running out by mid-April if Middle East supplies remain halted

India typically maintains 20–25 days of LPG cover. With Middle East cargoes halted, the buffer risked falling to 5–10 days by end-March, with possible exhaustion by mid-April without intervention. – Emkay

Over half of India’s LPG imports come from Gulf, making supply vulnerable to Strait of Hormuz disruptions

Around 55% of India’s LPG demand is met through imports from the Gulf, making supplies vulnerable to disruptions in the Strait of Hormuz. – Emkay

Markets sink as oil fears, FII exodus batter Sensex, Nifty

Markets sink as oil fears, FII exodus batter Sensex, Nifty

Markets tumble as oil prices surge and FII selling intensifies, leading to significant declines in Sensex and Nifty.

Adani Total Gas shares extend rally, jumps 40% from 52-week low

Adani Total Gas shares extend rally, jumps 40% from 52-week low

Stock surges on government order prioritising domestic natural gas for CNG and PNG amid West Asia tensions

Induction cooktop sales surge in Delhi as LPG shortage fears grow

Retailers across Delhi are witnessing a sharp rise in induction cooktop sales, with some reporting a 75–80% increase amid fears of an LPG shortage.

Shopkeepers said the surge began over the past two days as customers turned to electric cooktops, infrared stoves and compatible utensils as alternatives to LPG stoves. — PTI

Anatomy of the India LPG crisis and how to tackle it — explained

Anatomy of the India LPG crisis and how to tackle it — explained

Explore the anatomy of India’s LPG crisis, its causes, and effective measures for resolution in this comprehensive analysis.

Oil, petrol, diesel: How crude becomes fuel. Explained

Oil, petrol, diesel: How crude becomes fuel. Explained

As the US–Israel war on Iran escalates, so too does the global oil crisis.

Giriraj Singh accuses Rahul Gandhi of spreading confusion and undermining India’s global standing

Union Minister Giriraj Singh on Friday accused the Leader of the Opposition in Lok Sabha, Rahul Gandhi, of having a “habit” to confuse the nation and undermine India’s standing on the global stage.Speaking to ANI outside parliament, Singh said, “It has become a habit of Lok Sabha LoP and Congress MP Rahul Gandhi to spread confusion in the nation and raise questions on the foreign policy…Having Tea at the Makara Dwar and abusing the nation, he also spread confusion in the nation during COVID.” – ANI

Back to Firewood

Due to a shortage of commercial LPG cylinders, hotel workers are cooking with firewood in the kitchen to continue serving food to their customers in Salem in Tamil on Friday. Photo: LAKSHMI NARAYANAN E / THE HINDU

Oil, petrol, diesel: How crude becomes fuel. Explained

Oil, petrol, diesel: How crude becomes fuel. Explained

As the US–Israel war on Iran escalates, so too does the global oil crisis.

People queue for LPG cylinders in Prayagraj amid supply crisis

— PTI Photo

Sanjay Raut accuses Centre of misleading public on LPG availability, cites shortages in several states

Shiv Sena (UBT) MP Sanjay Raut accused the Centre of misleading the public over the availability of LPG cylinders, alleging that ground realities across several states contradict the government’s claim that there is no shortage of cooking gas in the country.

Speaking to mediapersons here, Raut said, “The government is lying. PM Modi and Union Minister Hardeep Singh Puri are saying that there is no shortage of LPG in the nation, but they should see the reality in Bihar, West Bengal, Maharashtra, UP, where people are lined up in queues to buy LPG. You might be getting LPG from Trump, Israel, but the common man, hotel owners are facing a lot of problems.” – ANI

Congress MP Sukhdeo Bhagat calls for all-party meeting on energy security concerns

Congress MP Sukhdeo Bhagat on Friday demanded an all-party meeting to discuss the concerns over India’s energy security amid the ongoing conflict in West Asia and the hampering of trade routes in the Strait of Hormuz.

Backing Leader of Opposition in Lok Sabha, Rahul Gandhi’s statement in Parliament, Sukhdeo Bhagat said that the reported LPG shortage is not a party-specific issue and urged the Centre to take the public into confidence. – PTI

LPG shortage forces 40% of Kerala restaurants to shut down; caterers and hostels also hit

An LPG shortage is forcing around 40 per cent of restaurants in Kerala to shut down as many establishments are unable to switch to alternative cooking methods, industry representatives said.

Apart from restaurants, caterers, hostels, canteens and crematoriums have also been affected by the LPG shortage following the conflict in West Asia.

G Jayapal, president of the Kerala Hotel and Restaurant Association (KHRA), told PTI that by Friday around 40 per cent of restaurants in the state would shut down. – PTI

Brent crude gains despite US issuing a 30-day licence for Russian oil purchases

Brent crude gains despite US issuing a 30-day licence for Russian oil purchases

Brent crude oil futures traded higher on Friday morning after the US issued a 30-day licence allowing countries to buy Russian oil currently stranded at sea.

Two arrested in Madurai under Goondas Act for hoarding LPG cylinders; dealers urge public not to panic-buy fuel

Two persons were arrested and detained under the Goondas Act in Madurai for allegedly hoarding 398 LPG cylinders for black marketing, marking the first time such stringent action has been taken in Tamil Nadu for cylinder hoarding, police said on Friday.

Meanwhile, Tamil Nadu Petroleum Dealers’ Association urged people not to panic-buy petrol or diesel, stating that 14 terminals in Tamil Nadu have enough stock to replenish 7,000-plus retail outlets as per their demand.

The arrests in Madurai followed a tip-off received by the Civil Supplies Criminal Investigation Department (CS-CID) regarding the illegal diversion of subsidised domestic gas cylinders for commercial use. – PTI

US-Iran War: What next for Oil, Gold, Dollar and Rupee

US-Iran War: WhatNext For Oil, Gold, Dollar and Rupee

Analyze the impact of the US-Iran conflict on oil, gold, dollar, and rupee with technical insights and market forecasts.

Boiling crude pushed inflation forecast up to 4.5% for FY 27

Boiling crude pushed inflation forecast up to 4.5% for FY 27

Inflation forecast for FY27 rises to 4.5% due to crude price spikes amid Middle East tensions, impacting consumer prices.

Residents queue for LPG cylinders in Prayagraj amid supply crisis

People queue up to avail LPG cylinders, amid supply crisis in the country, in Prayagraj, Uttar Pradesh, Friday, March 13, 2026.

Residents queue early in Navi Mumbai for LPG refills amid supply shortage

People queue up early morning with their empty cylinders outside an LPG depot to receive refilled ones, amid supply shortage in the country, in Navi Mumbai , Maharashtra, Friday, March 13, 2026

Use pressure cooker with separators to save LPG and cook efficiently

Petroleum Ministry assures uninterrupted LPG supply, urges consumers to avoid panic booking

Maharashtra directs oil companies to fix LPG booking app glitches, sets up control rooms for complaints

The Maharashtra government on Friday directed oil companies to immediately repair technical glitches in LPG booking apps and missed call services to ensure residents can book their cylinders without any hassle.

The Maharashtra government stated that instructions have been issued to oil companies to immediately resolve the technical issues arising in gas booking apps and missed call services. Additionally, control rooms will be promptly set up at the state, department, district, and taluka levels, and a WhatsApp facility will also be provided for complaint redressal. – ANI

UP Police bust illegal domestic LPG cylinder racket in Hapur

UP Police busted the illegal storage of domestic gas cylinders in Hapur, following a raid conducted at the residence of the accused on the night of March 11.According to the FIR, police recovered a large cache of supplies, which included 18 filled Hindustan Petroleum (HP) Gas domestic cylinders and 14 empty cylinders.

Upon questioning, the accused, reportedly confessed to purchasing the filled cylinders from various dealers to sell them to local consumers at a profit of 20-30 rupees per cylinder. He claimed to have been operating this illicit trade for approximately one year. – ANI

Tamil Nadu CM urges calm amid LPG shortage, writes to PM on supply issues

Tamil Nadu Chief Minister MK Stalin on Thursday urged citizens not to “panic” amid the ongoing LPG shortage caused by the West Asia conflict.In a post on X, Stalin stated that he had written to Prime Minister Narendra Modi and the relevant Union Ministers regarding the issue. He added that the state government held a consultation meeting yesterday under the leadership of R Sakkarapani to discuss strategies for addressing the gas shortage.

“Due to the West Asian war situation, to address the crises that have currently arisen, in addition to holding a high-level consultation two days ago, I have written a letter to the Honorable Prime Minister and the relevant Union Ministers regarding the shortage of cooking gas cylinders, as well as the supply of petroleum products including petrol and diesel. Under the leadership of Minister of Food and Consumer Affairs, R Sakkarapani a consultation meeting was also held yesterday on addressing the gas shortage,” the ‘X’ post said.

Punjab Assembly unanimously passes resolution against Centre over LPG shortage

The Punjab Assembly on Thursday passed a unanimous resolution stating that the failure of the Centre’s foreign policy led to a shortage and increase in price of LPG, causing hardships to people across the country.

The resolution was moved by Food and Civil Supplies Minister Lal Chand Kataruchak on Wednesday. – PTI

Rajasthan Minister assures adequate LPG stock, urges consumers not to panic

Rajasthan Food and Civil Supplies Minister Sumit Godara on Thursday said there is adequate stock of domestic LPG cylinders in the state and urged consumers not to panic over supply.

Godara said the government has constituted vigilance teams in all districts to prevent hoarding, diversion or misuse of domestic LPG cylinders in view of the current situation arising from international developments.

“District collectors and other officials are conducting regular inspections, and daily reports from district-level committees have indicated that there is no black marketing or illegal storage of domestic cylinders in the state,” he told reporters. – PTI

Rajasthan minister accuses Congress chief of misleading public on gas availability

Rajasthan Minister of State for Home Jawahar Singh Bedham on Thursday accused state Congress president Govind Singh Dotasra of trying to mislead the people regarding availability of gas.

“Dotasra seeks opportunities to confuse the people of Rajasthan and is more focused on political point-scoring than development. Indulging in petty politics at such a time is unacceptable,” the minister said.

India diversifies LPG imports beyond Gulf countries to strengthen energy security

India secures oil supply with diversified imports, reduces reliance on Strait of Hormuz

India diversifies oil import routes; LPG production rises to 28% of domestic output

Energy imports secure; no shortage of petrol, diesel, or other fuels: Puri

Govt allocates 40,000 kilolitres of additional kerosene to states amid West Asia turmoil

Amid the ongoing crisis in West Asia, the government on Thursday said it has allocated an additional 40,000 kilolitres of kerosene to states as an alternative to LPG. – PTI

Hotel & Restaurant Association of Odisha Chairman JK Mohanty reacts to the latest LPG situation

UP CM assures no shortage of fuel and cooking gas, urges public not to panic

Uttar Pradesh Chief Minister Yogi Adityanath held a meeting with officials regarding the state’s gas supply situation and assured that there was no shortage of diesel, petrol, and cooking gas in the state, urging people to avoid rumours.The meeting reviewed the availability of gas cylinders and essential food items across the state.Officials informed the Chief Minister that there was no shortage of gas in the state and that the supply system was operating smoothly.The Chief Minister directed that the supply system be continuously monitored to ensure that the general public is not inconvenienced. – ANI

Dehradun reviews LPG supply, issues directions for smooth distribution

Dehradun District Magistrate Savin Bansal held a meeting at Rishiparna Auditorium in the Collectorate on Thursday to review the availability and distribution system of LPG gas in the district.The meeting was attended by officials from oil companies and operators of gas agencies. During the meeting, the status of domestic and commercial gas supply in the district was reviewed, and necessary directions were issued to ensure a smooth distribution system. – ANI

Kerala seeks higher quota of non-domestic LPG cylinders to address shortage

A high-level meeting chaired by Kerala Chief Minister Pinarayi Vijayan has decided to take urgent steps to address the shortage of LPG cylinders meant for non-domestic use in the state.

The meeting decided to request the central government to increase the quota of non-domestic LPG cylinders allotted to the state. At present, the limit for such cylinders is 20 per cent. Considering the presence of a large number of migrant workers and growing demand, Kerala will seek a higher allocation.

Maharashtra sets up control rooms and committees to ensure uninterrupted LPG supply amid West Asia crisis

The Maharashtra government said it has set up control rooms and district-level committees to ensure uninterrupted supply of LPG amid the West Asia crisis, asserting that there is no shortage of the fuel for domestic consumers.

An official release issued on Thursday said Anil Diggikar, Additional Chief Secretary of the Food, Civil Supplies and Consumer Protection Department, has directed authorities to take necessary steps to maintain smooth supply and closely monitor LPG distribution across the state. – PTI

Govt to ensure commercial units get 20% of LPG demand

Govt to ensure commercial units get 20% of LPG demand

Commercial LPG supply resumes at 20% amid war disruptions, prompting restaurants to explore alternative cooking fuels and adjust menus.

Oil companies assure Tamil Nadu residents of ample fuel supply, urge against panic buying

Oil marketing companies have denied the shortage of petrol and diesel in the Tamil Nadu region and have requested the public to not engage in panic buying of fuel. 

The OMCs including IOCL, BPCL and HPCL have also assured the public that they are closely working with Chief secretaries across States to monitor the supply situation. – BL Chennai Bureau

Russian ‘shadow fleet’ tankers divert to India after US waiver on crude imports

Russian ‘shadow fleet’ tankers divert to India after US waiver on crude imports

Russian tankers divert to India for crude imports after a US waiver, signaling potential relief in oil supplies.

Iran says it will not close Strait of Hormuz but reserves right to protect security

Iran pledges Strait of Hormuz security, denies closure plans

Iran says it will not close the Strait of Hormuz, stressing freedom of navigation while asserting its right to ensure security amid U.S.-Iran tensions.