India Yet to Decide on Refinery Price Cap, Official Says

India has not yet made a decision regarding the imposition of a price cap on refinery output, according to a government official. According to Jin10, the statement comes amid ongoing discussions about potential measures to stabilize the domestic oil market. The official emphasized that while the idea is under consideration, no formal decision has been reached. The government continues to evaluate various strategies to address market fluctuations and ensure energy security. Further developments are expected as discussions progress.