CNG Prices Increase Amid Ongoing Strait of Hormuz Blockade
After Petrol-Diesel Hike, CNG Prices Go Up By Rs 2 As Hormuz Blockade Continues
News 18
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Following recent hikes in petrol and diesel prices, compressed natural gas (CNG) prices have risen by ₹2 due to the ongoing blockade of the Strait of Hormuz, a key route for global oil trade. Petrol and diesel prices have also increased significantly, impacting consumers across major Indian cities.
- 01CNG prices increased by ₹2 due to global supply disruptions.
- 02Petrol prices rose by ₹3.14 per litre, reaching ₹97.77 in Delhi.
- 03Diesel prices surged by ₹3.11 per litre, now at ₹90.67 in Delhi.
- 04The Strait of Hormuz blockade is affecting global energy supply.
- 05Prices vary significantly across major cities in India.
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The recent blockade of the Strait of Hormuz, a crucial maritime route for oil and gas trade, has led to a ₹2 increase in compressed natural gas (CNG) prices in India. This follows a hike in petrol prices by ₹3.14, bringing the price to ₹97.77 per litre in Delhi, while diesel prices have surged by ₹3.11, now costing ₹90.67 per litre in the same city. The blockade has disrupted global energy supplies, prompting these price adjustments. City-wise, petrol prices now stand at ₹108.74 in Kolkata, ₹106.68 in Mumbai, and ₹103.67 in Chennai. Diesel prices vary similarly, with Kolkata at ₹95.13, Mumbai at ₹93.14, and Chennai at ₹95.25.
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The price hikes in petrol, diesel, and CNG will increase transportation costs, potentially leading to higher prices for goods and services.
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