India Lifts Restrictions on Retail Sale of Petrol and Diesel to Commercial Buyers from July 1
India will lift temporary restrictions on the retail sale of petrol and diesel to commercial, industrial, and institutional buyers from July 1, ending emergency measures imposed on June 12 amid global supply disruptions caused by the West Asia conflict. The curbs, including a 200-litre daily diesel cap per vehicle, aimed to prevent hoarding, diversion, and black marketing due to a significant price gap between retail and bulk fuel. The government cited improved supply conditions and restored normal distribution as reasons for withdrawing these measures.