Opposition Vs Centre Over Oil Shock: What Next For India?

Top government sources say India is well positioned to navigate the evolving global oil situation, with fuel supplies across the country remaining stable. Refineries have been instructed to prioritise domestic LPG production, and the LPG booking cycle has been extended from 21 to 25 days to curb hoarding. Officials clarify that there is no plan to increase petrol or diesel prices, nor any proposal to cut duties at this stage.

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