The Economic Times

LPG, petrol shortage: Petrol panic buying hits Hyderabad, stations put up 'no stock' board as pumps run dry

Despite government assurances of ample fuel, panic buying has led to long queues and dry pumps in Telangana's capital, Hyderabad. Rumors of shortages and price hikes fueled unprecedented demand, overwhelming supply chains. Several petrol pumps in Hyderabad and many parts of Telangana shut their operations on Wednesday due to depletion of stocks. Dealers cite delayed replenishments and payment issues, leaving many stations with 'no stock' signs.