Just as consumers were reeling from recent petrol and diesel hikes, Indraprastha Gas Limited (IGL) has delivered another blow to commuters and commercial drivers.
CNG prices have been hiked by ₹1 per kg across Delhi-NCR and neighboring cities marking the third upward revision in just 10 days.
With this latest increase, the price of CNG in the capital has officially crossed the threshold, landing at ₹81.09 per kg
The New Price Landscape
The compounding effect of three rapid price hikes has significantly altered fuel economics for the region.
CNG ₹1.00 / kgReached ₹81.09/kg in Delhi; 3rd hike in 10 days
Petrol ₹0.87 / liter Third consecutive hike recently implemented
Diesel ₹0.91 / liter Third consecutive hike recently implemented
Behind the Spike: Global Energy Crises
The domestic price surge is directly linked to compounding international tensions:
Middle East Volatility:. Escalating geopolitical friction in West Asia has destabilized international energy markets.
The Hormuz Bottleneck: Growing uncertainty around the Strait of Hormuz: a critical global transit route for oil and gas—has triggered a sharp spike in crude and fuel procurement costs worldwide, hitting Indian state-run distributors hard.
The Ripple Effect on Daily Life
“The math simply isn’t working for us anymore.”
Local Taxi Association Representative
The rapid-fire price hikes are expected to trigger a domino effect across the economy:
Transport Under Pressure: Auto, taxi, and commercial vehicle unions are facing severe margin squeezes. Multiple transport organizations have already begun demanding an immediate revision of public transport fares.
The Inflation Threat: Because commercial fleets power supply chains, experts warn that sustained high fuel costs will inevitably spill over into the prices of daily essentials and groceries, driving up overall inflation.
With market analysts warning that further hikes are highly probable if international crude oil remains volatile, the financial pressure on the common citizen is unlikely to ease anytime soon.