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The Economic Times

Global Business / The Economic Times

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Government may lift fuel-supply safeguards once West Asia crisis abates: Official

India plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia conflicts. An interim agreement between the US and Iran could normalize shipping through the Strait of Hormuz. This will significantly benefit India, a major energy importer. The government will review and withdraw restrictions as supply risks decrease.

18 Jun 2026 6:35 pm