Reliance caps fuel sales at ₹1,000 per pump amid growing shortages| India News
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire. A petrol pump attendant picks up a nozzle to refuel a vehicle at an Indian Oil fuel station (AFP) The country’s largest private-sector oil refiner is restricting individual purchases to 1,000 rupees ($10.8) per visit at fuel stations it operates with partner BP Plc, according to people familiar with the matter. The joint venture has more than 2,000 fuel pumps across the country. While the company has issued no formal directive, operators of Jio-BP pumps have begun enforcing the caps to curb panic buying and prevent its stations from running dry as demand surges, the people said, asking not to be named because the information isn’t public. Also Read: Rumours fuel rush at petrol pumps in select Uttar Pradesh cities The rationing comes as India, the world’s third-largest oil consumer, grapples with the fallout of the weeks-long near-closure …
