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OMCs see ₹30k cr under-recovery a month amid geopolitical crisis
The New Indian Express Thiruvananthapuram
|May 09, 2026
Daily under-recoveries during April estimated at ₹18 a litre on petrol and ₹25 a litre on diesel
STATE-owned oil marketing companies (OMCs) are facing estimated under-recoveries of nearly ₹30,000 crore every month due to the ongoing crisis in West Asia, which has disrupted vessel movement through the Strait of Hormuz.
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