Reliance Industries Ltd. has capped fuel purchases at its Jio-BP petrol pumps due to ongoing Iran war disruptions.
The company is restricting individual purchases to ₹1,000 per visit at its over 2,000 fuel stations across the country.
This move comes as India, the world's third-largest oil consumer, grapples with the fallout of the weeks-long near-closure of the Strait of Hormuz.
While a fragile US-Iran truce is in place, tanker traffic remains disrupted and insurers classify the area as high-risk.
State-run companies have not officially announced price hikes or purchase caps, but drivers have reported similar ₹1,000 limits being enforced at some pumps.
India imports more than 90% of its oil requirements, leaving it vulnerable to disruptions in the Persian Gulf.
