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Reliance Caps Fuel Sales at $11 Per Pump Amid Middle East Crisis

Bloomberg Markets •
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Reliance Industries Ltd. has imposed strict fuel purchase limits at its retail outlets, capping sales at about $11 worth of gasoline or diesel per customer. The move comes as the Middle East crisis continues to disrupt global oil supplies despite ongoing ceasefire negotiations. The restriction affects all customers across Reliance's extensive network of fuel stations throughout India.

This rationing measure highlights the growing strain on India's fuel supply chain as geopolitical tensions in the Middle East show no signs of immediate resolution. Reliance, which operates one of India's largest fuel retail networks, is taking proactive steps to manage limited supplies and ensure equitable distribution among consumers. The $11 cap represents a significant constraint for commercial operators and individual consumers alike.

The fuel purchase limits underscore the broader economic impact of regional instability on global energy markets. As one of India's largest private sector companies, Reliance's decision to ration fuel signals the severity of current supply constraints. The company's actions may prompt other fuel retailers to implement similar measures if the Middle East situation continues to disrupt normal supply patterns.