The escalation of tensions involving Iran, the United States and Israel has sparked concerns over global energy supplies, particularly after restrictions were imposed around the Strait of Hormuz, a key route for nearly one-fifth of the world's oil and natural gas trade.
The 5-kg Free Trade LPG cylinder, commonly known as the “chotu cylinder”, has become more expensive from June 1. Oil marketing companies have increased the price by ₹11, taking the retail rate in Delhi to ₹821.50 per cylinder.