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📈 Business · Al Jazeera ·

India Lowers Fuel Taxes, Dismisses Lockdown Rumors as "Completely False"

India, the world's third-largest crude importer, announced fuel tax cuts amid shortages caused by the Iran war. The government denied rumors of potential fuel import lockdown. Domestic energy prices are an economic priority.

India, the world's third biggest crude importer, announces measures amid shortages created by the Iran war.