On May 6, LPG gas cylinder prices in India remained steady despite ongoing volatility in global oil markets. The Indian government is actively managing fuel prices to protect consumers amidst rising costs due to geopolitical tensions, particularly following the conflict involving Iran, the US, and Israel. Recent monthly revisions have seen commercial LPG prices rise significantly, with increases of ₹993 in May alone, following hikes of ₹144 in March and ₹203 in April. In response to these price increases, the Kerala Hotel & Restaurant Association (KHRA) announced a 24-hour closure of eateries across the state on May 6, along with protest marches aimed at pressuring the government to roll back the price hikes. Meanwhile, brent crude oil prices have decreased to $108 per barrel, reflecting a slight easing of tensions in the Middle East. The Indian rupee also appreciated by 23 paise, trading at ₹94.95 against the US dollar after reaching a record low of ₹95.44.