Archive · 21 Sep 2026
Indian Fuel Prices Hold Steady Amid Hormuz Energy Dispute
The reports list prices for cooking gas and vehicle gas in several Indian cities.
Household LPG prices were mostly between ₹939.50 and ₹994 per cylinder.
Larger commercial LPG cylinders cost more, with Hyderabad having the highest listed price.
CNG and PNG prices also differed between cities.
The two reports give different CNG prices for Chandigarh, so that figure is unclear.
Oil prices are changing because of fighting and tensions in West Asia.
Some Gulf countries are exploring routes that avoid the Strait of Hormuz.
Qatar’s energy minister says the waterway will remain important, while a United States official said bypass routes could reduce its importance.
Household LPG prices ranged from ₹939.50 in Noida to ₹994 in Hyderabad across the listed Indian cities.
Commercial 19-kg LPG cylinders cost ₹2,701 in Mumbai and ₹2,996 in Hyderabad.
CNG prices ranged from ₹86.98 per kg in Delhi to ₹112 in Hyderabad; Chandigarh was listed at ₹100.50 on September 20 and ₹93.80 on September 21.
PNG prices ranged from ₹48.40 per SCM in Gurugram to ₹54.70 in Chandigarh.
Amid volatile oil markets, officials disagreed over whether alternative routes could eventually reduce the Strait of Hormuz’s importance.
- Who
- Households, businesses and motorists in the listed Indian cities, along with officials from Qatar, the United States and South Korea.
- What
- The reports provide September 20 and September 21 LPG, CNG and PNG prices and discuss the Strait of Hormuz’s future role in energy shipments.
- When
- September 20 and September 21; the diplomatic and energy-market updates are described as ongoing.
- Where
- Delhi, Bengaluru, Hyderabad, Mumbai, Chennai, Kolkata, Jaipur, Noida, Gurugram and Chandigarh; the international discussion concerns West Asia, the Strait of Hormuz, Qatar and New York City.
- Why
- Fuel prices and energy-route concerns are being reported amid volatile global oil markets and conflict-related disruptions around the Strait of Hormuz.
Hormuz Remains Strategically Important
Bypass Routes Could Reduce Hormuz Dependence
Future importance of the waterway
Hormuz Remains Strategically Important
Qatar Energy chief executive Saad Al-Kaabi said the Strait of Hormuz would not become obsolete and confirmed that Qatar has no plans for alternative overland pipelines.
Bypass Routes Could Reduce Hormuz Dependence
United States Treasury Secretary Scott Bessent said the waterway could lose geopolitical and economic importance within two years as countries build bypass routes.
Energy-route strategy
Hormuz Remains Strategically Important
Qatar remains committed to its current maritime routes and rejects the idea that new infrastructure will make the strait irrelevant.
Bypass Routes Could Reduce Hormuz Dependence
Saudi Arabia is expanding Red Sea port capacity and the United Arab Emirates is pursuing a multibillion-dollar “Zero Hormuz” strategy to reduce reliance on the corridor.
- Household LPG
- 14.2-kg cylinders ranged from ₹939.50 in Noida to ₹994 in Hyderabad; Delhi was ₹942.
- Commercial LPG
- 19-kg cylinders ranged from ₹2,701 in Mumbai to ₹2,996 in Hyderabad.
- CNG
- Prices ranged from ₹86.98 per kg in Delhi to ₹112 in Hyderabad. Chandigarh was listed at ₹100.50 on September 20 and ₹93.80 on September 21.
- PNG
- Prices ranged from ₹48.40 per SCM in Gurugram to ₹54.70 in Chandigarh.
- Global oil markets
- Oil prices remained volatile amid the ongoing conflict in West Asia.
- South Korean position
- South Korea said it would contribute to restoring free passage through the Strait of Hormuz while avoiding troop deployments that could draw it into an overseas war.
- Hormuz dispute
- Qatar Energy chief executive Saad Al-Kaabi rejected Scott Bessent’s claim that bypass routes could make the Strait of Hormuz worthless within two years.
