LPG and oil crisis LIVE: Indian LPG carrier crosses Strait of Hormuz: marine traffic website

The Meals Distribution Division cracked down on a gang inquisitive about the sunless marketing of home and industrial gasoline cylinders in the Worli home and seized a tantalizing stock, officials mentioned on Saturday (March 14, 2026).

The joint operation, performed by the Controller Meals Rationing Build of job squad and officers from Build of job No. 21, focused illegal stockpiling and promoting of gasoline cylinders at inflated costs in the ‘Suraj Vallabhdas Chawl’ home on Ganpatrao Kadam Road at Worli Naka.

At some level of the operation, authorities seized 64 filled 4-kg and 19 filled 12-kg cylinders of Mammoth Gasoline Company, alongside with six filled and 58 empty 5-kg cylinders of HP Gasoline Company. Additionally, 25 empty cylinders of a gargantuan preference of sizes – 12 kg, 4 kg, and a pair of kg – grasp been seized.

This action comes after LPG cylinder costs grasp been elevated across the nation, largely attributed to disruptions in provide chains following the escalating West Asia battle. — ANI

Haryana Minister of Vow for Meals and Civil Offers Rajesh Nagar mentioned the provision of petroleum merchandise, at the side of home LPG, in the Vow is fully fashioned.

He warned that strict action will likely be taken against these spreading rumours, and indulging in sunless marketing.

The Minister cautioned the general public against rumours asserting the Union Ministry of Petroleum and Natural Gasoline has issued obligatory guidelines regarding guaranteeing ample provide, merely and equitable distribution and availability of home LPG for precedence sectors.

In compliance with these instructions, the Haryana govt has taken all obligatory steps with instantaneous intention, he mentioned in an legitimate assertion.

Currently, the provision of petrol, diesel and home LPG across Haryana is working simply. Major oil firms — Indian Oil Company Restricted (IOCL), Bharat Petroleum Company Restricted (BPCL) and Hindustan Petroleum Company Restricted (HPCL) — grasp ample stock on hand, he mentioned.

As well to, LPG provide is being obtained continuously, guaranteeing that patrons attain no longer face any shortage, Mr. Nagar mentioned.

The Meals, Civil Offers and Consumer Affairs Division is working on battle-footing to make stronger the provision chain and meet patrons’ wants, he mentioned, at the side of that officials are monitoring the dispute spherical the clock to have full coordination between quiz and provide.

The minister mentioned there is short-timeframe disruption in provide of enterprise cylinders owing to “international conditions” and the dispute will likely be resolved quickly. — PTI

As many as 741 LPG cylinders grasp been seized from 102 locations across Chhattisgarh as section of a crackdown on hoarding and sunless marketing amid the West Asia crisis, an legitimate has mentioned.

Teams from the Meals Division and district administration grasp been conducting shock inspections at suspected locations to curb hoarding of home LPG cylinders, an legitimate free up mentioned on Friday (March 13, 2026).

“To this level, 741 cylinders grasp been seized from 102 places across the converse. Raipur district recorded the absolute most practical preference of seizures with 392 home LPG cylinders confiscated, adopted by Bilaspur district, where 130 cylinders grasp been seized,” it mentioned.

It mentioned that 5 LPG bottling plant life are operational in the converse, comprising two every speed by Indian Oil Company and Hindustan Petroleum Company, and one by Bharat Petroleum Company.

It added that an ample stock of home LPG became on hand at these plant life and bottling became being implemented at paunchy skill.

“Refilled cylinders are being regularly equipped to 540 LPG distributors across all districts of the converse. Ample stock of petrol and diesel is on hand in the converse and is being equipped to patrons through 2,465 gasoline pumps,” the free up pointed out. — PTI

Oil costs stayed over $100 a barrel on Friday (March 13, 2026) while stock markets slid as merchants disaster about an prolonged crisis that might maybe well fan inflation and hammer the international financial system.

The worth of Brent impolite, the international impolite benchmark contract, closed at $103.14 a barrel, having soared by greater than 42% since the commence of the battle. — AFP

The Gujarat govt has determined to present recent PNG (piped natural gasoline) connections to restaurants, resorts, academic and socio-spiritual institutions positioned in areas where the pipeline distribution network is on hand, in the event that they apply for the facility.

The resolution became taken on Friday (March 13, 2026) at a high-level assembly chaired by Chief Minister Bhupendra Patel. The assembly reviewed the living of PNG and petroleum merchandise in the Vow in the backdrop of the ongoing battle in West Asia, which has severely disrupted international vitality offers.

“The CM took a surely fundamental resolution that in the areas of the converse where pipeline network for metropolis gasoline distribution is on hand, restaurants, resorts, academic and socio-spiritual institutions tense recent PNG connections will likely be given the identical with instantaneous intention as per their wants,” mentioned an legitimate free up.

The assembly became informed that a ample quantity of natural gasoline provide became currently on hand in the converse for voters who receive gasoline through pipelines for home exercise, it mentioned.

The govt.on Thursday (March 12, 2026) insisted that ample shares of liquefied petroleum gasoline (LPG) and PNG are on hand in the converse for home consumption despite the evolving geopolitical dispute in West Asia, from where India imports a tantalizing allotment of its vitality merchandise.

Exact monitoring is being implemented by the Centre and converse authorities to shatter obvious uninterrupted provide and distribution of LPG cylinders across Gujarat, it had mentioned. — PTI

World liquefied natural gasoline heed volatility induced by the Center East crisis is “very short-timeframe”, ‌Mike Sabel, chief govt officer with Mission World, told the Indo-Pacific Energy ⁠Safety Ministerial and Industry Forum in Tokyo.

Some 20% of international LNG provide is now offline with QatarEnergy ‌LNG amenities shut amid the U.S.-Israeli battle on Iran, which has ‌disrupted vitality offers from the Center ‌East. It ⁠might maybe well take months to come to ⁠fashioned deliveries, Qatari Energy Minister Saad al-Kaabi mentioned final week.

“There’s mighty volatility in the markets,” Sabel mentioned. “Then as soon as more, we stare that ‌it’s very short-timeframe, and we’re very much optimistic about the heart- and lengthy-timeframe strength of the market, equity in the market, provide ‌approaching-line. We ask lengthy-timeframe, very precise liquefaction costs.”

The usual LNG heed for April provide into Northeast ⁠Asia became estimated at $19.50 per million British thermal units (mmBtu), down from $22.50/mmBtu in the outdated week, ‌which became the absolute most practical level since mid-January 2023.

The worth for Might well furthermore provide became estimated at $18.90/mmBtu, industry sources mentioned.

U.S. liquefied natural gasoline developer Mission World, the 2d-largest U.S. LNG exporter, on Friday mentioned this might maybe ‌proceed with section 2 of its CP2 LNG project in Louisiana.

“We’re going to be able to add yet another 10 million loads (of LNG) to ⁠the 4 million a full bunch section one,” Sabel ⁠mentioned.

“We ask surely the principle and 2d phases will likely be producing initial vitality ‌subsequent 365 days – it’ll grasp a fundamental affect on the gasoline market costs rather rapid.” — Reuters

Import of liquefied petroleum gasoline (LPG) is a “itsy-bitsy project of scenario” which capacity that of the dispute in West Asia, nonetheless no dry out has been reported among distributors in the country, Sujata Sharma, Joint Secretary at the Ministry of Petroleum and Natural Gasoline told newshounds on Friday (March 13, 2026). She also sought to make certain the country that it had ample stock of cooking gasoline, urging patrons now to not engage in any apprehension booking.

An acute shortage of vehicle LPG in Tiruchi has left hundreds of autorickshaw drivers struggling to set their autos on the road, with several gasoline stations reporting exhausted shares and drivers alleging that some retail outlets are charging unfairly better costs amid the battle in West Asia.

Of the roughly 15,000 autorickshaws running in Tiruchi, almost 9,000 speed on auto LPG while spherical 2,000 depend on usual LPG and the final autos operate on diesel. In most up to the moment years, several mini-trucks transporting vegetables to the Gandhi Market grasp shifted from diesel to gasoline to gash motivate running expenses, rising dependence on LPG offers.

India’s most tantalizing stainless-steel producer Jindal Stainless Ltd mentioned several processes across its plant life grasp been adversely impacted which capacity that of shortage of commercial gases much like propane/ LPG and natural gasoline. It has also sought clarity from the govt.on the offers to industrial patrons and assurances on ordinary offers. 

“Given the constraints in gasoline availability, our plant life are running at a rationalised skill,” Abhyuday Jindal, managing director, Jindal Stainless mentioned in an announcement. 

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The resumption of some flights from Dubai has allowed gold flows from this major international trading ‌hub to partly resume this week, three sources familiar with the ⁠topic told Reuters on Friday (March 13, 2026).

Deliveries of physical gold to and from Dubai — a ‌major hub supplying Switzerland, Hong Kong and India — grasp been affected since ‌the commence of the U.S.–Israeli ‌battle ⁠on Iran on February 28, which ⁠precipitated frequent passenger flight cancellations across West Asia.

Benchmark indices dipped 2% which capacity that of a sustained shatter bigger in impolite oil costs on Friday (March 13, 2026). Each Nifty and Sensex declined about 2% to shut at 23,151.10 and 74,563.92, respectively.

Nifty opened at 23,462.50 and touched 23,492.40 sooner than slipping to 23,112.00 and settling at the day’s shut. The decline became mighty-primarily primarily based, with all sectoral indices falling as mighty as 4.8%.

Gas shortages induced by the battle might maybe well knock up to a pair percentage factors off African financial sigh in the event that they persist, a top regional vitality regulator told AFP.

Most African international locations grasp gasoline reserves for merely 15 to 25 days, when put next with the World Energy Agency fashioned of 90 days, mentioned Geoffrey Aori, CEO of the Regional Association of Energy Regulators for Jap and Southern Africa.

He known as on African governments to introduce gasoline rationing and subsidies to cushion the blow of inflation and weakening currencies in the short timeframe. — AFP

Nepal has started promoting half-filled cooking gasoline cylinders to curb hoarding and apprehension shopping for, officials mentioned, following import disruptions which capacity that of the battle.

The landlocked Himalayan nation of 30 million relies nearly completely on India for the transportation of its fossil gasoline wants, and spherical 90% of India’s liquefied petroleum gasoline passes throughout the Strait of Hormuz. — AFP

Serbia’s govt temporarily gash motivate gasoline taxes by 20%, with its vitality ministry asserting the excise tasks on petrol and diesel might maybe well be diminished from Friday (March 13) till April 15.

Portugal also mentioned it became renewing a transient-timeframe gash motivate to gasoline taxes, with officials at the side of that the gash motivate would apply to petrol and diesel. — AFP

Only 77 ships grasp in the past crossed the Strait of Hormuz in March as the battle disrupts one among the world’s most very fundamental transport routes, a maritime files firm reported on Friday (March 13, 2026).

Lloyd’s Checklist Intelligence mentioned a variety of the vessels belonged to the so-known as shadow rapid of ships being ancient to skirt Western sanctions and laws, most steadily linked to Russia and Iran.

It added for the length of the interval of March 1 through 11 final 365 days, spherical 1,229 vessels made the passage throughout the waterway. — AFP

The U.S. Treasury Division mentioned it might maybe per chance well temporarily enable the sale of Russian oil that is at sea as vitality costs soared, triggering pushback.

The leaders of France, Germany and EU chief Antonio Costa all spoke out against the premise.

Russia’s financial envoy Kirill Dmitriev mentioned the international vitality market “cannot dwell precise” with out his country’s oil. — AFP

The worth of a barrel of Brent impolite, the international benchmark for oil, soared by 11 p.c over the week to $103.14 at Friday’s (March 13, 2026) shut, while shares slipped.

Brent costs grasp rocketed greater than 42% since U.S.-Israeli strikes on Iran plunged the oil-filthy rich Center East into battle. — AFP

Several eateries in the metropolis, which peep high footfall on a day-to-day basis, remained shut on Friday amid the LPG shortage linked to the ongoing battle in West Asia.

Within the period in-between, smaller eateries grasp been managing and householders mentioned they save no longer grasp any stress for no longer decrease than every week.

Many ‘darshinis’ in Jayanagar, Koramangala and Adugodi in the southern section of the metropolis grasp been considered locked. Several mighty eateries in East Bengaluru grasp been also stumbled on shut.

Finance Minister Payyavula Keshav on Friday suggested that hoteliers in the Vow set in suggestions adopting rotational operations in stare of the ongoing cooking gasoline shortage precipitated by unrest in the Center East. He proposed a machine of alternate day operations, below which diverse sets of resorts might maybe well set their institutions delivery on diverse days.

He also suggested superstar resorts, which steadily support up to forty five forms of dishes of their day-to-day menus, to set in suggestions lowering the preference of items equipped in bid to preserve LPG.

Mr. Keshav became responding to a delegation from the Andhra Pradesh Star Hotels Association and the Hotel Associations Joint Motion Committee, which met him on Friday to spotlight the challenges faced by the hospitality sector which capacity that of the lack of enterprise LPG.

Shameful oil costs, LPG concerns and petrol apprehension grasp been dominating the headlines amid the escalating West Asia battle. But what exactly is impolite oil? How is it refined into on a normal basis fuels esteem LPG, petrol and diesel? And why does it grasp such an mighty affect on India’s financial system and day-to-day existence? We damage it down.

Despite the Delhi govt assuring folks that the provision of liquefied petroleum gasoline (LPG), petrol, diesel, and piped natural gasoline across the nationwide capital stays fashioned, a procedure of apprehension persevered to prevail with folks lining up in tantalizing numbers outside gasoline agencies in the metropolis on Friday amid the escalating battle in West Asia.

The problem induced the police to beef up security measures outside gasoline agencies to discontinue untoward incidents engaging distribution of LPG cylinders.

Shivalik, an Indian-flagged LPG provider with a cargo-carrying skill of greater than 54,000 tonnes, has crossed the Strait of Hormuz as on Friday evening (March 13, 2026), in accordance with marinetraffic.com, an on-line portal that tracks merchant ships motion.

As per the receive pages, the ship had departed from Ras Laffan, Qatar, on March 7 and became originally destined for the U.S. The Indian Navy has denied reports that the Shivalik is being guided by naval vessels. 

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