LPG Prices Reportedly Rise in Black Market as Middle East Conflict Raises Supply Concerns in India
Reports from parts of India indicate that liquefied petroleum gas (LPG) cylinders are being sold at higher prices in informal markets amid concerns about supply disruptions linked to the ongoing conflict between Iran and Israel. According to market reports cited by local traders and businesses, the conflict in the Middle East has affected some fuel shipments from the Gulf region, raising concerns about possible supply constraints. These concerns have reportedly triggered panic buying in certain areas and contributed to the emergence of higher prices outside the official distribution system. Reports of Higher Unofficial…
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