The Centre had imposed temporary restrictions on sale of fuel to commercial buyers in order to safeguarding domestic fuel supplies amid the West Asia crisis.
(photo:IANS)
As energy flow through the Strait of Hormuz continues to improve following the US-Iran peace deal, the government on Monday announced withdrawal of restrictions imposed on retail sale of petrol and diesel to commercial consumers from July 1.
This will restore normal fuel purchases for industrial, institutional and transport sector buyers.
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The Centre had imposed temporary restrictions on sale of fuel to commercial buyers in order to safeguarding domestic fuel supplies amid the West Asia crisis.
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According to a government order, commercial buyers will once again be allowed to purchase petrol and diesel from retail fuel stations without quantity restrictions.
The move brings to an end measures introduced earlier this month amid concerns over disruptions in global energy trade and uneven fuel demand patterns.
The restrictions, imposed through the Motor Spirit and High-Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026 on June 12, had barred industrial, institutional and commercial consumers from buying fuel from retail outlets.
The order had also capped diesel sales at 200 litres per customer or vehicle per day. With the withdrawal of these measures, transport operators, industrial users and other commercial consumers will be able to resume fuel purchases from retail outlets without any limitations.
When the restrictions were introduced, the Ministry of Petroleum and Natural Gas had said the measures were intended to prevent black marketing, curb hoarding of diesel and stop the diversion of fuel supplies from retail outlets.
The ministry had clarified that the curbs were temporary in nature and could remain in force for up to 90 days if necessary.
(With inputs from agencies)
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