https://www.taxtmi.com/news?id=71367 India's fuel pricing policy freezes retail petrol and diesel prices by allowing public sector oil companies to absorb losses when international crude prices rise and build margins when prices fall; this cushion-based approach, overseen by the Oil Ministry, will continue unless a sustained, very large spike in crude or prolonged disruptions (notably via the Strait of Hormuz) make it untenable, exposing vulnerabilities from high import dependence and increased procurement, freight, and insurance costs. en-us Mon, 02 Mar 2026 19:46:04 +0530 Mon, 02 Mar 2026 19:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71367 India's fuel pricing policy freezes retail petrol and diesel prices by allowing public sector oil companies to absorb losses when international crude prices rise and build margins when prices fall; this cushion-based approach, overseen by the Oil Ministry, will continue unless a sustained, very large spike in crude or prolonged disruptions (notably via the Strait of Hormuz) make it untenable, exposing vulnerabilities from high import dependence and increased procurement, freight, and insurance costs. News - Mon, 02 Mar 2026 19:46:04 +0530 https://www.taxtmi.com/news?id=71367