- By Aditya Pratap Singh
- Mon, 16 Mar 2026 06:48 PM (IST)
- Source:JND
Edible Oil Price Hike In India Amid Middle East Concern: The ongoing war in the Middle East has an impact not limited to Petrol, Diesel, and Gas only. The Edible oil prices have surged significantly so far this month, giving a budget concern for Indian households.
According to a NDTV Profit report, the edible oil price jumped between Rs 11 and Rs 20 Per Kilogram, while the Sunflower oil price saw the sharpest increase of Rs 20 per kilogram. At the same time, Palm oil prices inched up by Rs 11 per kilogram.
The sharp increase in prices is the result of supply chain disruption for the past two weeks due to a full-scale war between US-Iran and Israel, which has impacted trade activities across Asia.
India imports nearly 60 per cent of its edible oils, and Indians consume nearly 20 lakh tonnes of edible oil per month. In such a scenario, the Middle East conflict is creating a scenario of constraint between supply and demand.
Meanwhile, the war has a direct impact on over a dozen countries in the Middle East, while the conflict disrupts the whole world in one way.
Edible Oil Prices Rise In Local Markets
According to a Lokmat Times report, the ongoing conflict in West Asia has fueled a rise in edible oil prices in Maharashtra's local markets.
According to the report, in just 16 days of the escalation of the dispute, the price of major cooking oil has gone up by about Rs. 10 per litre.
Sunflower oil, soybean oil and palm oil prices have risen significantly due to uncertainty in the global supply chain.
The prices of other commodities are also fluctuating based on the volatility of international markets. These have a direct impact on domestic market prices.
As per the report, Sunflower oil price has surged to Rs 172 -176 per litre from Rs 160-164 on February 28. Similarly, Soyabean oil rate jumped to a level of Rs 148-150 per litre from the Rs 138-140 level. Meanwhile, Palm Oil prices inched to Rs 150-152 per litre from Rs 140-Rs 142 per liter on the last day of February.
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Middle East Crisis
Earlier, on February 28, the US and Israel initiated a joint attack on Iran; since then, the war has become worse and worse every day. Iran's retaliatory action on US bases in Gulf nations has created an energy supply crisis for the world.