India's fuel retailers lose nearly $2bn shielding customers from energy shock
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Source: Nikkei Asia
Published: 2026-07-31 23:34 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Energy, India, Business & Economy, Asia Pacific
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Snippet:
India's so-called oil marketing companies run about 90,000 fuel retail outlets and often change prices in tandem, acting as proxies for the government to control retail fuel prices on the ground. (Source photos by Reuters)
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