India Rescinds Fuel Purchase Restrictions Amid Global Supply Chain Issues
In a significant move, the Indian government has lifted restrictions on the sale of petrol and diesel that were imposed earlier this month due to global supply chain disruptions stemming from the US-Iran conflict. The restrictions, which limited commercial fuel buyers from purchasing fuel at retail stations, will be removed effective July 1. This decision aims to alleviate concerns over local shortages. Stay tuned for more updates on this developing story.
Jun 29, 2026, 19:36 IST
Government Lifts Fuel Purchase Limits
The Indian government has announced the removal of restrictions on petrol and diesel sales that were implemented earlier this month due to disruptions in global supply chains linked to the US-Iran conflict. According to an official order released on Monday, these restrictions will be lifted starting July 1. Previously, the government had prohibited commercial fuel buyers from acquiring petrol and diesel from retail outlets and had limited daily diesel purchases to avert local shortages.
(This is a developing story. Further updates will follow.)