Credit stand-off hurts Hyderabad’s fuel flow, panic buying leaves 40% pumps dry
Petrol and diesel dealers in Hyderabad are blaming a credit stand-off with oil companies for fuel shortages, with 40% of pumps running dry. Dealers claim financial constraints prevent them from making timely payments, leading to halted supplies, despite oil companies assuring adequate stock and attributing the disruption to panic buying and selective credit extensions.
