2nd hike in 48 hours: CNG prices raised by Rs 1/kg in Delhi-NCR, cross Rs 80 mark amid global energy crisis

Fuel costs surged further across the national capital region on Sunday as Compressed Natural Gas (CNG) prices were increased for the second time within 48 hours, pushing CNG rates in Delhi beyond the Rs 80-per-kg mark for the first time. The latest revision comes amid mounting pressure on global energy markets triggered by escalating tensions in West Asia and disruptions along key international oil supply routes.

With the fresh increase of Rs 1 per kg, CNG in Delhi is now priced at Rs 80.09 per kg. In neighbouring cities such as Noida and Ghaziabad, consumers will now pay Rs 88.70 per kg. The increase follows a Rs 2-per-kg hike announced just two days earlier, taking the total jump in CNG prices to Rs 3 within a span of 48 hours.

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Immediate impact on the common man

The sharp rise in CNG prices is expected to hit thousands of daily commuters, cab operators, auto-rickshaw drivers, and commercial transporters who rely heavily on the fuel for its lower operating costs compared to petrol and diesel.

The latest revision has also intensified concerns over rising household and transportation expenses in the NCR region, where a large portion of public and private transport fleets run on CNG. Many transport operators fear the repeated hikes could eventually force fare increases across multiple services.

Petrol and diesel rates also climb

The increase in CNG prices comes alongside a broader rise in conventional fuel rates announced earlier this week. Petrol and diesel prices in Delhi were increased by nearly Rs 3 per litre, adding to the burden on consumers already grappling with inflationary pressures.

Following the latest revision, petrol in Delhi is retailing at Rs 97.77 per litre, while diesel has climbed to Rs 90.67 per litre. The fuel price escalation has affected major cities across the country as oil marketing companies respond to soaring global crude prices.

West Asia conflict pushes global oil markets into turmoil

The recent spike in fuel prices has been linked to worsening geopolitical instability in West Asia, particularly the continuing tensions involving the United States, Israel and Iran. The prolonged uncertainty surrounding the Strait of Hormuz, a critical maritime route for global energy shipments, has added to fears of supply disruptions in international markets.

Nearly 20 per cent of the world’s oil and gas trade passes through the narrow waterway. Concerns over blockades, military activity, and restricted shipping movements have driven global crude prices sharply higher, with Brent crude reportedly crossing the USD 100-per-barrel mark.

If tensions continue to intensify in the Gulf region, domestic fuel prices in India could remain volatile in the coming weeks, placing additional pressure on transportation costs and consumer spending.