Reliance Industries Ltd., India's largest private-sector oil refiner, has instituted a cap of ₹1,000 (approximately $12 USD) on fuel purchases at its Jio-BP petrol pumps due to ongoing supply shortages exacerbated by the Iran war. This decision comes as the country grapples with disruptions in the Strait of Hormuz, a critical route for global oil shipments. Although Reliance has not issued a formal directive, operators at its petrol stations are enforcing this limit to curb panic buying and prevent fuel shortages amidst rising demand. While Reliance controls only 2% of India's over 102,000 fuel stations, it is the first operator to implement rationing measures, reflecting growing uncertainty in the energy market. State-run companies, including Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum, have not officially announced similar caps, but anecdotal evidence suggests some drivers are facing similar restrictions. As India imports more than 90% of its oil, the country remains particularly susceptible to fluctuations in global oil supply and prices, which have been volatile due to ongoing geopolitical tensions.