Hyderabad: Commercial cylinder prices have seen a sharp rise since the US-Iran-Israel war first broke out, with prices being hiked thrice. The price of a 19 kg commercial LPG cylinder in Hyderabad now stands at ₹3,315.The last price increase, which came on May 1, pushed the cost of a 47.5 kg commercial cylinder to ₹8,282.50.Domestic LPG cylinder prices too have seen a ₹60 hike for a 14.2 kg cylinder in March 2026, following the supply disruptions caused by the West Asia conflict. This has sent prices of non-subsidised cylinders rising to ₹965 in the city.Prices of cooking oil have also been on the boil, rising up to Rs 30 per litre over the past two to three months as it forced rerouting of shipping routes and led to escalation in freight costs. The war has primarily impacted supplies of oils such as sunflower oil, palm oil and soybean oil, for which India is heavily dependent on imports.Wholesale traders said that the tensions in West Asia have severely disrupted the supply of sunflower oil, sending its prices soaring. Most of the sunflower oil consumed in India is imported from Ukraine and Russia. The southern states are feeling the pinch more as they are the largest consumers of sunflower oil, accounting for an estimated 70% of India’s total sunflower oil consumption.While sunflower oil has risen from ₹180 to ₹200 per litre, palm oil has shot up from ₹120 to ₹145, and groundnut oil has gone up by ₹15 to ₹20 per litre, with a five-litre bottle rising from ₹1000 to ₹1150, and a 15-litre tin (wholesale) going up from ₹2300 to ₹2400.Prices of rice bran oil have increased from ₹150 to ₹165 per litre. Vanaspati oil has risen from ₹130 to ₹160 per litre, soybean oil from ₹150 to ₹170, and mustard oil from ₹130 to ₹160 a litre.Already reeling from the jump in cooking gas prices, the soaring cooking oil prices have sent only blown a bigger hole in the budgets of the common man, with the pinch being felt harder by the poor and middle-class families.Unable to bear the burden of high prices, many consumers are switching from pricey sunflower oil to rice bran oil and soybean oil, which are relatively cheaper, said market sources.Market sources said that though cooking oil manufacturers, wholesalers, and retailers are protecting their profits thanks to inventory of old stock, the prices are still proving to be a burden for the common man. “I am a private sector employee with two children. In a single income family, even the smallest hike in price is burdensome. The authorities should make sure that prices are kept under control,” said Venkatesh M, a Hayatnagar resident. They said that unless the war subsides and supply systems return to normal, the flames oil price flames will continue to burn a hole in the pockets of the common man.
