The price of aviation turbine fuel (ATF), or jet fuel, was more than doubled to a record ₹2.07 lakh per kilolitre on Wednesday (April 1, 2026), while commercial LPG rates were raised by ₹195.50 per cylinder, mirroring the surge in global oil prices linked to the widening West Asia conflict.

Also read: West Asia war updates on April 1, 2026

The ATF price in Delhi was hiked by ₹1,10,703.08 per kilolitre, or 114.5%, to ₹2,07,341.22 per kl, according to state-owned fuel retailers.

This is the first time ever that ATF prices have crossed the ₹2 lakh per kl mark. The previous peak was in 2022 when rates were hiked by ₹1.1 lakh per kl after oil prices surged after Russia invaded Ukraine.

This is the second monthly increase in rates. Prices on March 1 were hiked by 5.7% (₹5,244.75 per kl).

The rising prices will further strain airlines which are already burning more fuel in taking longer routes for flying to western destinations because of the closure of airspace due to the war. Fuel makes up around 40% of an airline's operating cost.

Alongside this, rates of commercial LPG — one that is used by hotels and restaurants — were hiked by ₹195.50 per 19-kg cylinder.

A 19-kg commercial LPG now costs ₹2,078.50 in Delhi. Rates were last increased by ₹114.5 per 19-kg cylinder on March 1.

Domestic cooking gas LPG rates, which were last hiked by ₹60 per 14.2-kg cylinder on March 7, remain unchanged. It costs ₹913 per 14.2-kg cylinder in Delhi.

State-owned Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum revise ATF and LPG prices on the first day of every month based on international benchmarks and the exchange rate.

Global oil prices have shot up almost 50% after the war in West Asia disrupted energy supply chains.

Petrol and diesel prices continue to remain frozen after a ₹2 per litre reduction in March last year; petrol currently costs ₹94.72 per litre in Delhi and diesel ₹87.62.

Watch | LPG crisis in India: What’s the situation on ground?