Supply-control orders, imposed in response to West Asia crisis, enabled govt to monitor fuel supplies, prioritise domestic gas allocation, curb hoarding to ensure uninterrupted availability of fuels.

NEW DELHI: Falling global energy prices after a preliminary US-Iran agreement to end hostilities and reopen the Strait of Hormuz may bring relief to Indian refiners and gas…

Energy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening of the Strait of Hormuz are key factors.…