Karnataka: Man held for selling oxygen cylinders at exorbitant price to patients
Bengaluru, May 8: A man has been arrested for selling oxygen cylinders to patients at ten times the government price of Rs 300, police said on Saturday.
According to police, Ravi Kumar (36), who is the branch in charge of Siga Gases at Peenya Industrial Area in the city, was selling oxygen cylinders for Rs 3,000 per 47 litres of oxygen.
"He was selling it for 10 times more than the price fixed by the government. The government rate for 47 litres of oxygen is only Rs 300," a police officer said.
He was caught red-handed on Friday while selling two oxygen cylinders of 47 litres for 6,000 rupees, the officer added.
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Hormuz Strait disruptions have caused huge economic impact, energy instability in region: Navy chief
Mumbai (PTI): The Strait of Hormuz disruptions have caused severe economic impact and energy instability in the region, Indian Navy chief Admiral D K Tripathi said on Thursday amid the war in West Asia.
Speaking at an event where INS Sunayna, an offshore patrol vessel, set sail from Mumbai as Indian Ocean Ship (IOS) Sagar, the admiral said competition at sea has no longer remained confined to oil and energy.
It is now expanding towards resources that will shape future growth - such as rare earth elements, critical minerals, new fishing grounds and even data, he said.
The West Asia crisis began on February 28 after a joint attack by the US and Israel on Iran.
Iran's strikes on its neighbours along with its chokehold on the Strait of Hormuz have disrupted the world's energy supplies with effects far beyond West Asia.
"With the conflict in West Asia well into its fifth week, the disruptions in the Strait of Hormuz have caused severe economic impact and energy instability in the region," Tripathi said.
There is significant increase in the marine survey, deep-sea research activity, and Illegal Unreported and Unregulated Fishing (IUU), often encroaching upon the sovereign rights of littoral nations and exploiting gaps in monitoring and enforcement, he said.
Alongside these, threats such as piracy, armed robbery and narco-trafficking backed by unimpeded access of advanced technology to non-state actors, have also become more complex and challenging to counter, the Navy chief pointed out.
Last year alone, the Indian Ocean Region witnessed a staggering 3,700 maritime incidents of varying nature, the admiral said.
Additionally, narcotics seizures in the region exceeded USD 1 billion USD in 2025, highlighting the persistence and spread of such challenges in the region, he said.
