On July 21, 2026, the prices of liquefied petroleum gas (LPG), compressed natural gas (CNG), and piped natural gas (PNG) in major Indian cities have held steady. This comes as global energy markets closely monitor escalating geopolitical tensions, particularly between the United States and Iran, and threats of a naval blockade in vital shipping lanes.
Domestic LPG Cylinder Rates (14.2 kg)
As of July 21, 2026, the rates for a 14.2 kg domestic LPG cylinder remain unchanged across these cities:
- Delhi: ₹942
- Bengaluru: ₹944.50
- Hyderabad: ₹994
- Mumbai: ₹941.50
- Chennai: ₹957.50
- Kolkata: ₹968
- Jaipur: ₹945.50
- Noida: ₹939.50
- Gurugram: ₹950.50
- Chandigarh: ₹951.50
Commercial LPG Cylinder Rates (19 kg)
Commercial LPG cylinder prices, which had seen recent adjustments, are now under scrutiny due to the deepening conflict. Here are the rates for a 19 kg commercial cylinder:
- Delhi: ₹2,930
- Bengaluru: ₹3,021
- Hyderabad: ₹3,191
- Mumbai: ₹2,885.50
- Chennai: ₹3,106
- Kolkata: ₹3,081.50
- Jaipur: ₹2,957.50
- Noida: ₹2,930
- Gurugram: ₹2,947.50
- Chandigarh: ₹2,954.50
CNG Prices per Kg
CNG prices also show no change on July 21, 2026:
- Delhi: ₹83.09
- Bengaluru: ₹97
- Hyderabad: ₹109
- Mumbai: ₹86
- Chennai: ₹97
- Kolkata: ₹99.50
- Jaipur: ₹96
- Noida: ₹91.70
- Gurugram: ₹88.12
- Chandigarh: ₹98.75
PNG Prices per SCM
Piped Natural Gas (PNG) rates similarly hold steady:
- Delhi: ₹49.59
- Bengaluru: ₹53
- Hyderabad: ₹51
- Mumbai: ₹51.50
- Chennai: ₹50
- Kolkata: ₹50
- Jaipur: ₹49.50
- Noida: ₹49.45
- Gurugram: ₹48.40
- Chandigarh: ₹54.70
Global Oil Market Concerns Intensify
Despite the current stability in India's retail fuel prices, the global energy landscape faces significant uncertainty. Reports of mediation efforts between the US and Iran are offset by fresh military exchanges and threats of a naval blockade on Saudi Arabia by Yemen's Houthis. The Strait of Hormuz, a critical passageway for one-fifth of global oil trade, has seen vessel crossings sharply decline since late February due to worsening regional security.
Fatih Birol, Executive Director of the International Energy Agency (IEA), has warned of a potential energy crisis if oil flow through the Strait of Hormuz does not normalize soon. Furthermore, the Houthis' announced naval blockade against Saudi Arabia raises fears that the Bab al-Mandeb Strait could also be affected, potentially disrupting up to 25% of the world's oil and gas supply if both straits are impacted. This situation has led to concerns about global supply chains and energy affordability, particularly for developing nations heavily reliant on energy imports from the region.
While Brent crude futures eased slightly to $88.87 per barrel and US West Texas Intermediate crude remained steady at $82.47 a barrel on Tuesday, markets remain volatile. The coming days and weeks will be crucial in determining the sustainable level of oil exports from the region under renewed blockades, impacting economies worldwide, especially in Asia.