# Edible oil prices rise 12-15% on West Asia crisis, imports steady 2026-08-12T18:27:44+00:00 | Governance | Indian Opinion Desk Corroboration: 2 independent outlets Edible oil prices in India have risen 12-15% over the past year due to the West Asia conflict, higher freight costs and a weaker rupee, according to industry data. The government told Parliament that domestic availability remains “adequate” as imports from major suppliers continue through usual routes. Minister Nimuben Jayantibhai Bambhaniya said the crisis has pushed up global crude oil prices, freight and insurance, and diverted palm and soybean oil towards biofuel, reducing export availability. Retail prices for groundnut, mustard, soybean, sunflower and palm oil have all increased by Rs 11-21 per kg over the past six months. The Solvent Extractors Association of India expects prices to stay firm until the new crop arrives in November. India imports nearly 60% of its edible oil consumption; monthly imports rose 35% in July to 1.48 million tonnes. Sowing of kharif oilseeds has increased 5% year-on-year, but relief is not expected before late 2026. ## Coverage - freepressjournal.in - livemint.com Tags: edible oil prices, import duty, inflation, Parliament, West Asia crisis Canonical: https://indianopinion.org/west-asia-crisis-pushes-edible-oil-prices-up-govt-tells-parliament/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/west-asia-crisis-pushes-edible-oil-prices-up-govt-tells-parliament/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.