LPG price is revised on a monthly basis and is determined by the state-run oil companies. Following the onset of Middle East conflict, the price of Liquefied Petroleum Gas (LPG) witnessed significant increase of ₹60 due to disruption in shipping and gas supplies. The near-closure of the Strait of Hormuz, the waterway between the Persian Gulf and the Gulf of Oman serves, has caused global volatilit...