India raised prices of its most widely used cooking gas for the first time in a year, as the Iran war disrupted Middle East energy flows and sent global fuel costs higher.
Indian Oil Corp., the nation’s largest refiner, increased the price of a 14.2-kilogram liquefied petroleum gas cylinder in New Delhi by 7% to 913 rupees ($9.95), according to its website. Other state-run retailers — Bharat Petroleum Corp. and Hindustan Petroleum Corp. — raised rates in tandem, marking the first hike for household consumers since April.
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