PTC Web Desk: As petrol and diesel prices continue to remain high, consumers have now been hit by another increase in fuel costs with compressed natural gas (CNG) prices rising in major cities, including Delhi and Mumbai.

The latest hike comes amid growing global tensions around the Strait of Hormuz , a key international energy trade route, which has disrupted gas supply chains and pushed up fuel costs worldwide.

New CNG rates in Delhi and Mumbai

In the national capital, the price of CNG has been increased from Rs 77.09 per kg to Rs 79.09 per kg.

Meanwhile, in Mumbai, Mahanagar Gas Limited (MGL) has also announced a Rs 2 per kg hike. Following the revision, CNG in Mumbai Metropolitan Region (MMR) will now cost Rs 84 per kg.

The revised rates have already come into effect in Delhi, while the new Mumbai prices became applicable from midnight on Wednesday.

Why are CNG prices rising?

Industry experts say the sharp rise in prices is largely linked to supply disruptions caused by tensions near the Hormuz, one of the world’s busiest energy corridors.

Any disruption in this region affects the global movement of natural gas and crude oil. Since India imports a significant portion of its energy requirements, fluctuations in international markets directly impact domestic fuel prices.

With supply tightening and demand remaining strong, city gas distributors have been forced to revise retail prices upward.

Auto and cab fares may increase

The hike is expected to affect public transport operators the most, particularly auto-rickshaws, taxis and app-based cab services that largely depend on CNG.

Transport operators may soon push for fare revisions to offset rising fuel expenses. If fares are increased, daily commuters travelling to offices, schools and colleges could face additional financial pressure.

Impact likely on daily essentials

The price rise may also have a wider impact on household expenses. Several small commercial vehicles used for transporting vegetables, fruits and other essential commodities run on CNG.

Higher transportation costs could eventually lead to an increase in the prices of daily-use goods in local markets, adding to inflationary concerns for common consumers.

With global uncertainty continuing to influence energy markets, consumers may have to brace for further volatility in fuel prices in the coming weeks.