panic buying

Chennai, March 12. Panic buying triggered by rumors of an impending fuel shortage led to several petrol stations running out of stock across the delta districts of Tamil Nadu on Thursday.Fuel outlets in Thanjavur, Nagapattinam, Tiruvarur, and Mayiladuthurai districts witnessed an unprecedented...

Gandhinagar, March 12 Public sector oil marketing companies in Gujarat have introduced a 25-day gap between the bookings of two domestic LPG cylinders by the same consumer as a precautionary measure to prevent panic buying and hoarding amid tensions in West Asia, the state government said on...

Chennai, March 12 – The Tamil Nadu Petroleum Merchants Association has clarified that there is no shortage of petrol or diesel anywhere in the state, even as rumors linked to the ongoing Iran conflict triggered panic buying and long queues at fuel stations.Speaking to reporters in Cuddalore...

Basti (UP), March 12 Long queues and chaotic scenes were observed outside an LPG agency here on Thursday as consumers rushed to collect cooking gas cylinders amid rumors of a possible price increase, officials said.A large number of people gathered at the Mahagauri Gas Agency at Mahadeva...

Kolkata, March 12 Long queues of auto-rickshaws outside LPG dispensing stations and domestic consumers at local gas agency offices were seen on Thursday in Kolkata and several districts of West Bengal, as government assurances failed to calm panic buying that has sharply pushed up demand for...

Chandigarh, March 11 Haryana Chief Minister Nayab Singh Saini chaired a meeting with senior officers of the Food, Civil Supplies and Consumer Affairs Department and officials of oil companies here on Wednesday to review the situation of cooking gas and fuel supply across the state.During the...

New Delhi, March 11 Amidst panic buying in some parts of the country, the government on Wednesday stated that India has sufficient LPG stocks to meet household cooking gas requirements, even as it intensified efforts to secure alternative supplies to replace volumes disrupted by the West Asia...

From cooktops and microwaves to firewood and solar options, restaurants, street food vendors, and catering businesses across the country are scrambling for alternatives as a shortage of commercial LPG cylinders begins to disrupt kitchens amid the ongoing conflict in West Asia.With the...

Chandigarh, March 11 Haryana Chief Minister Nayab Singh Saini chaired a meeting with senior officers of the Food, Civil Supplies and Consumer Affairs Department here on Wednesday and reviewed the situation of cooking gas and fuel supply across the state.During the meeting, officials from oil...

Kolkata, March 11 West Bengal Chief Minister Mamata Banerjee on Wednesday directed state refineries to prioritize meeting local cooking gas demand and requested that LPG produced within the state not be sent outside for the time being."If our cooking gas cylinders go outside the state, we...

Ludhiana, March 11 The district administration on Wednesday issued a firm assurance that there is no reason to panic regarding the availability of LPG cylinders, diesel, or petrol, confirming that Ludhiana has adequate stock to meet public demand.Deputy Commissioner Himanshu Jain said the...

Lucknow, March 11 The Uttar Pradesh government has put authorities on alert against rumors and the possible black market sale of petrol, diesel, and LPG, with Chief Minister Yogi Adityanath directing officials to ensure strict monitoring and action against violators in the state.Following the...

Patna, March 11 – As fears of a shortage of LPG and petroleum products triggered panic buying across Bihar, the Bihar Police intervened to manage the situation and issued an alert directing authorities to prevent chaos and hoarding. Although the government has stated that LPG stocks are...

New Delhi, March 10 With the escalating conflict in West Asia disrupting energy supplies, panic buying of LPG cylinders amid fears of shortages has led to long queues and a rush at distribution centers across parts of Delhi.Several distributors say the sudden surge in demand has created a...

Colombo, March 10 Sri Lanka has increased retail fuel prices by over 8 per cent, effective from midnight on Monday, in an effort to curb hoarding and panic buying amid rising global crude oil prices, officials said on Tuesday.This price revision comes as global crude oil prices have crossed...

Lahore, March 9 The Punjab government of Pakistan on Monday closed all public and private schools, colleges, and universities until March 31, and implemented a work-from-home policy in government offices as part of various fuel-saving measures taken to deal with the fallout of the ongoing...

March 09, New Delhi – Bangladesh has introduced fuel rationing as the conflict in West Asia exacerbates the energy shortage in the import-dependent nation.The Bangladesh Petroleum Corporation has limited fuel sales for most vehicles following attacks on Iran by the US and Israel, and Tehran's...

Lahore, March 8 A man was killed and two others seriously injured after customers opened fire at a petrol pump in Punjab province, Pakistan, following a dispute triggered by panic buying of fuel due to fears of shortages caused by the US-Iran conflict, police said on Sunday.The incident...

Lakhimpur Kheri (UP), March 6 Rumors about a shortage of petroleum products and liquefied petroleum gas (LPG) due to the ongoing conflict in West Asia triggered panic among locals in several areas here, leading to long queues at many petrol pumps on Friday, officials said.Queues of people...

Dhaka, April 5 On Thursday, Bangladesh urged citizens to minimize "unnecessary travel" as panic buying hit fuel stations in Dhaka amid concerns over a potential fuel shortage due to the ongoing conflict in West Asia.The energy ministry issued emergency directives for energy conservation as...