West Asia crisis spikes global LNG costs: IGL announces calibrated ₹3.89/kg CNG price revision in Delhi

Summary

Geopolitical instability in the Middle East is reportedly driving up global LNG costs, with direct pass-through effects on consumers in major importing nations. An Indian gas utility has raised its CNG prices in Delhi, explicitly linking the hike to the crisis in 'West Asia', highlighting the sensitivity of Asian energy markets to Gulf security.