LPG, CNG and PNG prices today, July 16: Check latest prices in Delhi, Mumbai, Jaipur and other cities

LPG, CNG and PNG prices today: Concerns over LPG, CNG and PNG prices have increased due to the escalation of the conflict between the United States and Iran. The tensions have raised concerns about the passage of energy supplies through the Strait of Hormuz, a crucial route for global shipments.

Although the prices of domestic 14.2kg LPG cylinders, CNG and piped natural gas remained unchanged for more than a month, the situation has drawn attention to commercial LPG prices. These prices were reduced after a brief period of stability but are now under scrutiny as the conflict worsens.

Prices of 14.2 kg LPG cylinders on July 16

Commercial LPG cylinder prices (19 kg) on ​​July 16

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CNG prices in major cities on July 16

PNG Prices in major cities on July 16

Oil prices rose for the fourth day in a row, Thursday, following a new wave of US strikes on Iranian military facilities. The strikes raised concerns about the possibility of a large-scale conflict and possible supply disruptions in the Strait of Hormuz. Brent crude futures increased 33 cents, or 0.4 percent, to $85.28 per barrel by 0026 GMT. Meanwhile, US West Texas Intermediate crude futures rose 42 cents, or 0.5%, to $80.02 per barrel. The two benchmarks rose about 0.3 percent on Wednesday and remained close to their highest levels in a month recorded on Tuesday.

New data from Standard & Poor’s Global shows a significant decline in ship crossings through the Strait of Hormuz, from 93 on June 24 to 17 on July 13. This decline indicates disruptions in global maritime trade, linked to deteriorating regional security and recent military actions by the United States and Iran.

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Over the weekend, US President Donald Trump stated that the Strait of Hormuz remains open to commercial traffic. However, the Islamic Revolutionary Guard Corps announced that the strait would remain closed until the end of what it called “America’s evil actions.” The group also claimed responsibility for attacks on weapons storage facilities in Bahrain and Kuwait.

Meanwhile, the United States renewed its naval blockade of Iranian ports and coastal areas and imposed new sanctions targeting a shipping network accused of helping Tehran evade restrictions on oil sales and other activities.