Though reassuring about the adequacy of retail fuels, Union Petroleum Minister Hardeep Singh Puri, placing his concerns about oil-marketing companies’ losses from the sale of petrol, diesel and liquified petroleum gas (LPG) as they seek to hold prices firm, indicated that should the crisis prolong, the government may have to consider passing on the pressure to domestic consumers as well.
Speaking at the industry Confederation of Indian Industries’ (CII) Annual Business Summit 2026, Mr. Puri mentioned, “How long [the losses and under-recoveries] would oil-marketing companies be able to take it frankly, that is something that worries me.”
