How India Shielded You: Secret Strategy That Kept Fuel Prices Stable During A 65% Global Oil Surge

Former HPCL CMD K. Surana reveals the behind-the-scenes master strategy that shielded Indian citizens from the global energy crisis. When international crude prices surged by 65%, the government and oil marketing companies implemented a "customer-first" approach to prevent a price explosion at the pump. Through aggressive excise duty cuts, strategic inventory management, and cross-subsidization of LPG, the impact on the average consumer was limited to a mere 7–10% increase. This insightful breakdown explains how India navigated supply chain disruptions and volatile markets to ensure that cooking fuel and transport costs remained manageable for every Indian household.