India, May 17 -- Compressed Natural Gas (CNG) prices have been raised again across Delhi and nearby cities, with rates in the national capital climbing to Rs 80.09 per kg from Saturday morning.

The latest Rs 1-per-kg hike comes just two days after an earlier increase of Rs 2 per kg, taking the total rise to Rs 3 in less than a week.

Major fuel distributor Indraprastha Gas Limited said the revision was necessary to partially offset rising input gas costs and the sharp appreciation of the US dollar amid turmoil in global energy markets.

Strait of Hormuz crisis pushes up fuel costs

The fresh hike comes as global oil and gas prices remain under pressure following the continued closure of the Strait of Hormuz due to the escalating conflict...