LPG Rate Today on July 15: Today, government oil companies (IOCL, BPCL, HPCL) have not made any change in the prices of LPG across the country. Despite the blockade of the Strait of Hormuz and rising tensions in West Asia, the prices of commercial and domestic gas cylinders have been kept stable even today. Earlier on July 1, the price of 19 kg commercial cylinder was reduced by Rs 183.50, while the price of 14.2 kg domestic LPG was increased by Rs 29 on June 7. Since then the prices have remained stable.

Today city wise LPG prices

City	domestic cylinder price	commercial cylinder price
Delhi	Rs 942.0	Rs 2930.0
Mumbai	Rs 941.5	Rs 2885.5
Kolkata	Rs 968.0	Rs 3082.0
Chennai	Rs 957.5	Rs 3106.0
Chandigarh	Rs 951.5	Rs 2954.5
Dehradun	Rs 961.0	Rs 2983.5
Hyderabad	Rs 934.0	Rs 2052.5
Bhubaneswar	Rs 968.0	Rs 3115.0
Thiruvananthapuram	Rs 951.0	Rs 2970.5

Tension again between America and Iran

The ceasefire that has been going on for the last three weeks in West Asia has completely broken. On one hand, the US Central Command is targeting the coastal cities, radar systems, missile bases and air defense systems of southern Iran. More than 20 warships and hundreds of fighter planes of the US Army have completely surrounded the sea routes of Iran. Due to this, the movement of ships from Iranian ports has come to a halt.

At the same time, Iran has also retaliated by firing missiles at American military bases in Gulf countries like Bahrain, Kuwait, Jordan and Oman. This fierce military confrontation has affected crude oil, which is now slowly moving towards its highest level again from its previous low of $ 71 per barrel.

This may impact the prices of petrol, diesel and LPG in India in the future because most of India’s energy shipments go through Hormuz. In such a situation, the pressure of expensive crude is already there, on top of that, if the supply chain from Hormuz is broken, ships and tankers will have to travel a long distance to the Cape of Good Hope, which will take more time, which means the cost of freight will increase, and due to increase in marine insurance premium, fuel prices in the country will also increase.

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India’s Crude Oil Backup: Due to new military attacks between Iran and America, the fear of stopping the energy supply through the Strait of Hormuz has once again increased. However, India is now in a better position to deal with this crisis than before. Not we, but experts are saying this. Industry experts say that even if there is a disruption in supply this time due to the renewed war between the two countries, India’s position on energy supply is expected to be stronger than in the previous period.

According to the Business Standard report, a senior refinery official said, “Fuel prices will increase sharply if Hormuz is closed again.” The cost of fuel imports is also likely to increase in September and October. However, this time the situation is much better. The deal on supply of crude oil till August has already been finalized. Arrangements for LPG import have also been made. However, some problems may have to be faced in the case of LNG, but they can be handled.

India increased sources of energy supply

India is rapidly increasing its sources of energy supply. Compared to earlier 27 countries, now oil and gas is supplied to India from 41 countries. At present, India’s largest crude supplier is Russia. Apart from this, India also imports crude from America and West African countries. Earlier, up to 45% of oil and gas was imported into India through Hormuz. Now under the emergency strategy it has been reduced to 30%.

Santosh Kamath, managing director of Alvarez & Marsal, said, “In the long term, we need to further diversify our energy sources and strengthen domestic energy security through measures such as greater electrification of transport and increased use of biofuels. However, these measures will take time to meaningfully reduce dependence on fossil fuels.”

India has strong reserves

Union Petroleum and Natural Gas Minister Hardeep Singh Puri has said that India has 60 days of stock of crude oil and 60 days of inventory backup of LNG to meet the domestic consumption needs to deal with any emergency. India also has 45 days advance LPG stock available. On top of this, the refineries in the country have also been upgraded a lot so that any grade of crude comes from any corner of the world, there is no problem in cleaning it.

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Crude Oil Price Soars: After the new attack between America and Iran, the prices of crude oil have increased once again. There is a danger of closure of the Strait of Hormuz again due to conflict between the two countries. Since it is an important sea route for energy shipment and through it about one fifth of the world’s transportation takes place.

In such a situation, its closure will have a deep impact on the supply of crude oil. Due to this fear, today Brent crude futures jumped 3.5% to $ 78.67 per barrel and now it is moving towards $ 79, while American West Texas Intermediate crude futures have increased 3.4% to $ 73.87 per barrel.

Iran announced to close Hormuz

Meanwhile, Iran made a big announcement of closing Hormuz until further orders. However, the US Central Command has rejected this claim and said that its forces are ready to ensure freedom of navigation.

“The Strait of Hormuz is open to all vessels wishing to legally transit through international waterways,” Central Command wrote on X. US Central Command also said it had launched a new round of strikes at 5 pm (Eastern Time) on Sunday to hold Iran responsible for attacks on commercial ships in the strait.

The Strait of Hormuz is open to all vessels seeking to lawfully transit the international waterway. US forces are positioned and prepared to ensure that freedom of navigation remains available despite unwarranted Iranian aggression, harassment, threats, and arbitrary… pic.twitter.com/FS3TUBOZEj

— US Central Command (@CENTCOM) July 12, 2026

Peace agreement had no effect

A historic ceasefire agreement was signed between America and Iran during the G7 Summit in France on June 17 last month. Under this, both the countries agreed to permanently stop the war and ensure free and safe movement of ships from Hormuz. The purpose of this agreement was to prepare a timeline of 60 days to restore peace in the Middle East, which now seems to be failing somewhere.

How much danger is there for India?

Under the France agreement, Iran was allowed to sell oil, due to which crude oil came to the level of $ 71 in the global market. Now, due to the breakdown of the agreement, branch crude has suddenly jumped 3.7% to close to $ 79 per barrel.

If the situation continues like this, then government oil companies in India may be forced to increase the retail prices of petrol and diesel by Rs 3 to Rs 5 per liter. Apart from this, since India imports more than 90% of its LPG requirement from Gulf countries. In such a situation, if the supply of oil and gas from Hormuz stops again, the government may have to impose a minimum lock-in period of 25 days on cylinder booking again to ensure the supply.

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Iran Saudi Talks: Diplomatic activities are continuously intensifying amid increasing tension in the Middle East. On the one hand, the Foreign Ministers of Iran and Saudi Arabia talked on phone and discussed the latest developments in the region and the situation created after America’s military action, while on the other hand, US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu also talked on phone and discussed the issues of strategic coordination and regional security between the two countries.

Conversation between the foreign ministers of Iran and Saudi Arabia

There was a phone conversation between Iran’s Foreign Minister Seyed Abbas Araghchi and Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan. According to the Iranian Foreign Ministry, the two leaders discussed in detail the recent developments in the region and the situation arising after the US military action. During the talks, both sides shared their views regarding the current situation and agreed to continue consultations on regional developments. This conversation has taken place at a time when tensions have increased throughout the Middle East. Meanwhile, Iran is continuously maintaining diplomatic contacts with many countries, so that dialogue can be continued on the regional situation.

There was also a phone conversation between Trump and Netanyahu

Meanwhile, US President Donald Trump also spoke on phone with Israeli Prime Minister Benjamin Netanyahu on Friday. In a statement issued by the Prime Minister’s Office, it was said that in continuation of the ongoing talks between Prime Minister Benjamin Netanyahu and President Donald Trump, the two leaders once again discussed on the phone this evening.

Consensus reached on maintaining close coordination

According to the statement, the two leaders agreed to maintain close coordination between the US and Israel in different areas. President Trump also informed Prime Minister Netanyahu about recent American developments in the Gulf region.

The issue of Erdogan’s statements and security zone also came up

During the phone conversation, Prime Minister Netanyahu also raised the issue of the seriousness of the statements made by Turkish President Recep Tayyip Erdogan and his officials against the existence of Israel. Along with this, he also stressed the need to maintain a security zone on Israel’s borders.

Crude Oil Price Hike: After a brief decline in the prices of crude oil, it is now on the rise again. There has been turmoil in global markets after US President Donald Trump announced the cancellation of the peace agreement between America and Iran. Due to this, a rise in the prices of crude oil is again being seen in the global oil market. On Thursday, crude oil prices increased by another 1%, whereas in the previous trading session it had increased by up to 5%.

What is the price of crude oil today?

With the latest increase, today Brent crude is trading around $ 78.80 per barrel. At the same time, American Crude (WTI Crude) has also increased by 1.01% and reached the level of $ 74.26 per barrel, which is gradually moving towards the psychological level of $ 80. Yesterday, the July futures contract on India’s Multi Commodity Exchange closed at Rs 7155 per barrel with a record rise of about 6.71%.

Why are prices increasing suddenly?

The renewed military attack between America and Iran has increased the risk of disruption of oil supply through the Strait of Hormuz. This sea route is very important for energy shipment. About 20% of the world’s crude oil reaches every corner through this narrow route.

Another reason for the sudden increase in oil prices is the withdrawal of concessions given by the US Treasury Department to Iran to sell crude oil legally. Due to this, the risk of shortage of crude oil in the global market has also increased.

Movement of ships stopped on Hormuz

According to Bloomberg report, due to the deteriorating situation between America and Iran, the movement of oil tankers and LNG ships on Hormuz has been stopped. Sensing the danger, many ships are now turning towards the ‘Cape of Good Hope’. Hormuz is an important sea route related to energy shipment, on which many countries like Saudi Arabia, Kuwait, Iran, Iraq depend. In such a situation, due to its stoppage, there may suddenly be a huge shortage of crude oil in the world.

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Amidst the increasing tension between America and Iran, Donald Trump has again indicated that on Wednesday (July 8) the US will ‘probably’ attack Iran again. Trump again threatened that the US could attack Iran’s civilian infrastructure and try to capture Kharg Island.

Gave this statement before the meeting with Ukrainian President Zelensky during the NATO Summit in Ankara. He said, ‘We attacked them very strongly last night and it is possible that they will attack strongly tonight also.’ Trump further said, he has been a bullying ruler in the Middle East but that is no longer the case. Trump accused Iranian leaders of repeatedly changing their stance during talks and called them “crazy.” Also claimed that Tehran had shown willingness to reach an agreement before publicly changing its stance.

‘These are crazy people’ – Trump

Trump said, ‘They will agree to everything and then they will go and hold a press conference and say we never talked about this.’ He further said, ‘These people are crazy, there is something wrong with these people.’ Trump said he is dissatisfied with Iran’s leadership and is considering further military action as of Wednesday night. “Normally I wouldn’t tell you, but you know they can’t do anything about it,” he said. The US President further said, “So the answer is ‘maybe’.

His comments came hours after he announced that the ceasefire agreement with Iran was effectively over for him. He has also said that he no longer wants to engage in diplomatic talks with Tehran. Trump said that the peace process is over and he will no longer negotiate with Iran.

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Iran retaliates on Trump’s threat

On the other hand, Iran has also retaliated on Trump’s threat. Foreign Policy Committee spokesman Ibrahim Rezai said, ‘Come, we are waiting for you. We promise that not a single American soldier will return alive.

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Iran’s President Masoud Pejeshkian posted on He stressed that the progress of any talks should be assessed only on the basis of how seriously the parties involved are fulfilling their promises.

Pejeshkian also said that statements or public comments made outside the talks can sometimes weaken the talks instead of improving the atmosphere. According to him, if progress is to be made towards an agreement, all parties will have to act responsibly and avoid public statements.

The effectiveness of the talks depends on full commitment to the agreed obligations and their precise implementation.Progress on this path will be measured by practical adherence to accepted responsibilities.Statements outside the agreed text do not help advance the negotiations.

— Masoud Pezeshkian (@drpezeshkian) June 23, 2026

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Talks between Iran and America

This statement of Iranian President Masoud Pejeshkian has come at a time when there is tension regarding talks between Iran and America. In recent times, there has been continuous sharp statements from the leaders and officials of both the countries. In such an environment, this message from Pejeshkian indicates that Iran is giving utmost importance to seriousness, trust and concrete action in talks.

Masood Pejeshkian’s statement regarding nuclear weapons

Iranian President Masoud Pejeshkian has recently given a statement regarding nuclear weapons. He said that Iran does not want to make nuclear weapons, but it will not back down from its right to uranium enrichment. Pejeshkian said that America’s demand that Iran not make a nuclear bomb is not new. He said that Iran has said this before and is clearly saying now that it has no intention of making a nuclear bomb. He also said that if needed, Iran is ready to give written confirmation of this.

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The atmosphere of talks in Switzerland on Sunday (21 June 2026) between Iran and America to reduce the ongoing tension in the Middle East remained a bit tense, although an agreement has been reached between the two countries on important issues. Following differences over Lebanon and US President Donald Trump’s statement, the talks were halted for some time; after some tension, the outcome of the meeting was positive. Vice President JD Vance attended this meeting from America’s side. The Iranian delegation was led by Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi.

The first round of talks began after a recent interim agreement, which aims to reduce the tension and conflict that has been going on for the last 4 months. Also, both the countries want to move towards a big and permanent agreement. This includes many important issues like Iran’s nuclear program and regional disputes. Before the talks started, Iran had made it clear that the talks would move forward only when America fulfills its promises. During the meeting, Iran has also said that if the conflict in Lebanon does not stop, then talks on other issues will not move forward.

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How long did the first round of talks last?

The first round of talks lasted for about 80 minutes. According to the Foreign Ministry of Iran, during this period issues like ceasefire, relief in sanctions and release of Iran’s frozen property were discussed. Iranian officials said that a draft framework to relax the ban on Iranian oil exports is almost ready. Also, options to release freeze funds with the help of Qatar were also discussed. Tension increased when Donald Trump warned Iran to stop its allies in Lebanon, otherwise it would have to face serious consequences. After this, the Iranian delegation protested and left the meeting for some time. According to Iranian media, this was done in protest against Trump’s statement.

Benjamin Netanyahu gave a signal

Mohammad Bagher Ghalibaf said that America should give its statements very carefully. He said that Iran’s army is ready to respond to every situation. JD Vance tried to calm the atmosphere. He said that tension in such talks is normal and the talks are still going on. He said that this process is not easy, but America is committed to regional peace.

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Amidst the increasing tension in the Middle East, Iran’s President Masoud Pezeshkian has given a big statement regarding the country’s security and foreign policy. While sharing a post on the social media platform X (formerly Twitter), he said that Iran’s first priority is to maintain the security of the country and the peace of the people. President Massoud Pezeshkian said Iran is fully committed to defending its national rights and will not retreat in the face of any threat or pressure. He said that the country stands firmly on issues related to its security and sovereignty.

Masoud Pezeshkian also said in the message that both diplomacy and defense are important parts of the strength of any country. Iran has neither abandoned its defense front nor closed the path of dialogue. He said that the country gives importance to both security and dialogue together.

The priority is the security and peace of the people. We will defend the rights of the nation with authority and will not back down from any threat. Diplomacy and defense are the power of the nation; I have left neither the field nor the table of talks. With the hope of God, with unity and intelligence, Iran will also pass this test with flying colors.

— Masoud Pezeshkian (@drpezeshkian) June 8, 2026

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Iranian President’s appeal to the people

The Iranian President appealed to the people to remain united and said that on the strength of unity, understanding and patience, Iran will successfully come out of this difficult period. He expressed confidence that the country is capable of facing the current challenges and will continue to protect its national interests under any circumstances. This statement of the President has come at a time when tension in the region is continuously increasing and the whole world is keeping an eye on the developments related to Iran.

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Iran’s top leaders have accused America and Israel of failing to abide by the ceasefire agreement. Iranian Parliament Speaker Mohammad Bakar Ghalibaf and Foreign Minister Seyed Abbas Araghchi expressed their displeasure by issuing statements on the social media platform X.

Mohammad Bakar Ghalibaf said that the naval blockade and increasing military action against Lebanon are a clear indication that America has failed to implement the ceasefire. He said that every decision has a cost and ultimately its account has to be paid. According to him, when the time comes, appropriate results of all the incidents will emerge.

For immediate attention:

The ceasefire between Iran and the US is unequivocally a ceasefire on all fronts, including in Lebanon.

Its violation on one front is a violation of the ceasefire on all fronts.

The US and Israel are responsible for the consequences of any violation.

— Seyed Abbas Araghchi (@araghchi) June 1, 2026

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Armistice between Iran and America

Iran’s Foreign Minister Seyed Abbas Araghchi said that the ceasefire between Iran and America applies on all fronts, including Lebanon. He clarified that violation of the ceasefire in any one area will be considered a violation of the entire agreement. Araghchi said in his statement that if the ceasefire is broken on any front, America and Israel will be responsible for its consequences. He alleged that it is equally important for all parties to follow the rules of ceasefire and any kind of action can further increase regional tension.

The world’s eyes on the situation in the Middle East

After these statements of Iran, the international community is keeping an eye on the situation in the Middle East. The increasing allegations and counter-allegations regarding the ceasefire amid the already existing war in the region may affect diplomatic activities in the coming days.

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