The country raised prices of liquefied petroleum gas (LPG) by nearly a quarter, blaming higher global prices triggered by the conflict in Iran. As well as gas, Sri Lanka also imports all of its oil and buys coal for electricity generation. The increase in cooking gas prices yesterday is on top of an 8% hike last month. “We have supplies for the entire month of April,” a Litro spokesman said, adding that higher global LPG prices and shipping costs had forced the latest revision. Last month, Sri Lanka raised both fuel and electricity prices by more than a third as US-Israeli strikes against Iran and retaliatory attacks drove up global energy prices.

Source: The Star April 07, 2026 08:48 UTC