CNG price today: CNG rate up by rRs.r2, fourth hike in less than 15 days
India, May 26 -- CNG prices (Compressed Natural Gas) were increased by Rs.2 per kilogram on Friday, taking the rates in Delhi to Rs.83.09 per kg in Delhi, with effect from Tuesday. This is the fourth hike in CNG prices in less than 15 days amid disrupted global energy supplies due to the West Asia conflict.
The latest revision comes just three days after the previous hike of Rs.1 in CNG prices.
Petrol and diesel prices have also seen multiple hikes over the past two weeks amid the virtual closure of the Strait of Hormuz - key waterway through which a fifth of world's energy needs - due to the West Asia conflict sparked by US-Israeli strikes on Iran.
The exchange of drones and missiles closed off the Strait, of which Iran is a de facto ...
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