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India raises jet fuel, commercial LPG prices as Mideast crisis drives global surge
State-run fuel retailers passed only a partial 25% hike to domestic airlines as global energy costs climbed, while commercial LPG rose more than 10%.
- On Wednesday, April 1, 2026, state-owned Indian Oil Corporation initially doubled aviation turbine fuel to a record ₹207,341 per kilolitre before revising it to ₹104,927, while commercial LPG prices rose ₹195.50 per 19 kg cylinder in New Delhi.
- The ongoing West Asia conflict triggered a 44% surge in the benchmark Saudi Contract Price, with 20% to 30% of global LPG supplies stranded in the Strait of Hormuz, driving the energy cost increase.
- To insulate domestic travel, the Ministry of Petroleum and Ministry of Civil Aviation capped the ATF hike at 25% for domestic airlines, while international routes pay the full increase; household LPG rates remain unchanged.
- Airlines have begun hiking fuel surcharges to manage rising operating costs, while public-sector oil marketing companies face mounting under-recoveries of ₹380 per cylinder, absorbing the remaining international price volatility.
- With India importing 60% of its LPG from the Middle East, the government initiated a 60-day emergency allocation of PDS kerosene to ease cooking gas pressure, while boosting domestic production by 40% to 50,000 metric tons.
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Jet fuel prices double, domestic, international travel to become more expensive
New Delhi: ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, April 1, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil prices. Aviation turbine fuel (ATF) price was increased by 8.5 per kilolitre (kl) to Rs 104,927.18 per kl for domestic airlines, according to state-owned oil f…
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Insider PaperIndia hikes jet fuel, commercial LPG cost
NEW DELHI: India's oil ministry said Wednesday (Apr 1) that domestic jet fuel prices would rise as the Middle East war pushed up energy costs, but that it had cushioned airlines from an expected 100 per cent jump.Aviation t
·Singapore
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Coverage Details
Total News Sources37
Leaning Left5Leaning Right8Center6Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 26%
C 32%
R 42%
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