Israel, Iran war: Torrent Gas raises CNG price by Rs 2.50/kg; locals flag rising cost burden
Torrent Gas has increased compressed natural gas prices by Rs 2.50 per kg. This rise is causing concern for residents and auto-rickshaw drivers. Fuel costs are generally increasing. Commercial LPG and aviation turbine fuel prices have also seen h...
The hike has sparked concern among residents over rising fuel costs. Some locals said the increase would add to their daily expenses, while auto-rickshaw drivers flagged pressure on their earnings due to shrinking margins.
The revision comes amid a broader uptick in fuel prices. Commercial LPG cylinder rates were raised from April 1 across major cities, alongside an increase in aviation turbine fuel (ATF) prices, reflecting a wider trend driven by global energy market pressures.
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The CNG price revision follows a series of fuel price increases across the country. From April 1, commercial LPG cylinder prices were sharply raised, with a 19-kg cylinder in Delhi now costing Rs 2,078.50 after a hike of Rs 195.50. Smaller 5-kg cylinders have also become costlier, while domestic LPG rates remain unchanged after a recent increase in March.
Fuel prices have been on an upward trajectory due to global factors, particularly escalating geopolitical tensions in West Asia and disruptions in crude oil supply routes, including the Strait of Hormuz. The rise in energy costs has also pushed up aviation turbine fuel (ATF) prices, impacting airlines and airfares.
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The combined effect of these increases is being felt across sectors, from transport to hospitality, with businesses and consumers alike grappling with higher operating costs.
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