India Drops Fuel Purchase Caps as Supply Fears Ease

The mandate, which takes effect at the start of next month, removes the ban on commercial entities sourcing fuel from retail stations. Officials also confirmed the end of daily purchase caps on diesel, a policy originally designed to prevent localized shortages when geopolitical tensions threatened international energy flows. By restoring standard purchasing access, the government aims to stabilize market operations for commercial consumers who faced significant logistical hurdles under the temporary rules. This policy pivot signals growing confidence in the resilience of current energy supply chains despite the lingering instability in global oil markets.