The Centre has lifted restrictions on the sale of petrol and diesel from July 1, restoring normal fuel marketing operations across the country after reviewing domestic supplies and global oil market conditions. The temporary curbs, introduced earlier this month as a precautionary measure, will no longer apply to fuel retailers.
The restrictions were imposed after concerns over possible disruptions in global crude oil supplies following tensions in the Middle East. During the period, fuel retailers were required to prioritise domestic availability and avoid actions that could affect supply across the country.
With the situation stabilising and fuel supplies remaining adequate, the government has withdrawn the curbs. From Tuesday, both public sector and private fuel retailers will be free to operate under normal market conditions.
The move is expected to particularly benefit private fuel retailers, who had faced operational restrictions under the temporary measures. Companies can now resume regular fuel sales and procurement without the additional conditions imposed during the emergency period.
Officials said the decision was taken after reviewing India’s fuel inventory and supply chain. The government found that domestic stocks remained comfortable and there was no immediate risk of shortages despite global uncertainties.
India, the world’s third-largest importer of crude oil, had closely monitored developments in the Gulf region, especially around the Strait of Hormuz, through which a significant share of global oil shipments passes. Although geopolitical tensions had briefly raised concerns over energy security, supplies remained largely unaffected.
The government said it will continue to monitor international oil markets and take necessary steps if the global situation changes. Officials stressed that India’s energy security remains a priority and adequate fuel stocks are available to meet domestic demand.