Indian Oil

Indian Oil, a significant distributor of cooking gas in India, is currently facing challenges in maintaining adequate supply to consumers. This is primarily due to disruptions caused by the ongoing Iran war, leading to rationing and a return to traditional cooking methods like firewood in some regions. The company's distributors have reportedly halted bookings for refills in certain areas. Adding to this complex situation, the US Treasury has issued a temporary 30-day waiver allowing Indian refiners, including Indian Oil, to purchase Russian oil that is currently stranded at sea. This waiver aims to ensure the continued flow of oil into the global market, but its short-term nature highlights the ongoing geopolitical pressures and their impact on India's energy security and domestic fuel availability.