India Caps Fuel Sales to Avoid Shortages

India has imposed limits on gasoline and diesel sales at retail fuel stations to avoid supply crunches, with commercial consumers banned from buying any fuel from retail stations, Bloomberg reported, noting there will be daily limits on diesel sales.

The diesel cap was set at 200 litres per vehicle or customer, with resale of the fuel forbidden, Reuters noted in a report on the news.

Commercial users, meanwhile, will have to get their fuels from bulk sellers after their rush to retail fuel stations drained some of them.

Fuels are cheaper at retail…