The ongoing US-Iran conflict has prompted a ₹29 increase in domestic LPG prices in India, raising the cost of a 14.2 kg cylinder in Delhi to ₹942. Despite this increase, Indian consumers still benefit from competitive pricing, particularly those enrolled in the Pradhan Mantri Ujjwala Yojana (PMUY), who pay an effective price of ₹642 per cylinder after subsidies. This pricing remains significantly lower than that of neighboring countries such as Pakistan, Nepal, and Bangladesh, and is also much cheaper than in the United States, Australia, and Canada. The Indian government continues to subsidize LPG prices, with public sector marketing companies absorbing approximately ₹60,000 crore in costs, while the government has allocated ₹30,000 crore in compensation. This strategy has allowed Indian households to purchase LPG at prices far below international market levels, with the PMUY price being about 60% off the global rate and the non-PMUY price around 45% lower. As global energy prices rise due to the crisis in West Asia, India's effective management of LPG pricing remains crucial for household affordability.