Oil marketing companies in India are reportedly incurring a loss of around 650 rupees per 14.2 kg domestic LPG cylinder due to rising crude oil prices in the international market, influenced by tensions between Iran and the US. While commercial cylinder prices and petrol-diesel rates have increased, the government has kept domestic LPG prices steady to protect household budgets. However, reports suggest a price hike for domestic cylinders may be imminent given the mounting losses faced by state-owned oil companies. https://sambad.in/india-and-beyond/oil-company-loss-in-lpg-cylinder-11903730 #creator program