India raises jet fuel, commercial LPG prices as Mideast crisis drives global surge
New Delhi, April 1 (Reuters): Indian fuel retailers raised jet fuel and commercial liquefied petroleum gas (LPG) prices on Wednesday, following a sharp spike in global prices due to the U.S.-Israeli war on Iran. India, the world’s second-largest LPG importer, is battling its worst gas crisis in decades, with the government cutting supplies for industries to shield households from cooking gas shortages. Domestic fuel retailers have raised prices of aviation turbine fuel by 8.6% to 104,927 rupees per kiloliter and commercial LPG by 10.4% to 2,078.50 rupees per 19-kilogram cylinder in New Delhi, the Indian Oil Corporation’s (IOC.NS), opens new