Following the recent ceasefire between Iran and Israel, prices of liquefied petroleum gas (LPG) have begun to ease, moving back toward pre-conflict levels. The price of LPG has dropped by 20 rupees per kilogram, settling at 280 rupees per kilogram.
Before the conflict erupted, LPG was priced at approximately 220 rupees per kilogram. However, during the Iran-Israel hostilities, supply disruptions and rising market fears caused LPG prices to spike dramatically, reaching as high as 320 rupees per kilogram.
The sharp increase had put pressure on consumers and businesses that depend heavily on LPG for cooking and heating needs. With the ceasefire now in place, supply chains are expected to stabilize, leading to improved availability and pricing.
Market analysts suggest that if peace holds, LPG prices may continue to normalize, easing the financial burden on households across the region.