Cash Before Fuel: India’s Oil Giants Tighten the Tap Amid Crisis
Dealers Asked to Pay Upfront India’s state-owned fuel giants have begun demanding advance payments from dealers for petrol and diesel, marking a major shift in how the country’s fuel retail system operates. Companies like Indian Oil Corporation, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited—which together supply nearly 90% of India’s fuel outlets—have scrapped the…



