Imagine running a restaurant or hotel with a tight budget. Suddenly, you get a big bill increase for a crucial ingredient - cooking gas. That's what's happening in India right now. The government has hiked the price of commercial LPG cylinders by Rs 993, which is a huge blow for restaurants and hotels.

This increase in price is linked to the ongoing tensions between the US and Iran. You see, India relies on oil imports from the Middle East, and the current conflict is causing disruptions in the supply chain. As a result, the government has had to increase the price of commercial LPG cylinders to make up for the loss.

The new price of a 19-kg commercial LPG cylinder is now Rs 3,071.50 in Delhi. This is the third time since February 28 that prices have gone up. If you own a restaurant or hotel, this increase will definitely affect your bottom line.

But here's the good news - domestic LPG prices remain unchanged. So, if you have a 14.2 kg domestic LPG cylinder, you won't see any increase in price. The government is trying to protect its citizens from the impact of the price hike.

The Indian Oil Corporation has explained that around 80% of petroleum products have seen no change in prices, ensuring stability for most consumers. Only a small percentage of products have seen an increase or decrease in price, reflecting the dynamic nature of global price movements.

Overall, this price hike is a challenge for restaurants and hotels, but it's not all bad news. The government is trying to find a balance between protecting its citizens and dealing with the global implications of the US-Iran conflict.