Rumours fuel rush at petrol pumps in select cities of Uttar Pradesh
Lucknow, March 27 -- Panic buying triggered by rumours and speculation about a potential hike in petrol and diesel prices led to long queues at petrol pumps in select centres in Uttar Pradesh on Thursday. Some pumps in Lucknow ran dry, resulting in even longer lines at others.
The panic, which began in Ayodhya, Ambedkar Nagar, and Bahraich on Wednesday, spilled over to other cities, including the state capital, on Thursday. Reports from Prayagraj, Deoria, Sultanpur, Gonda, and Gorakhpur, too, said people rushed to fuel stations fearing an imminent price hike. In some locations, petrol and diesel stocks were reported to have run dry, while elsewhere, people were seen carrying large containers to stockpile fuel.This situation arose despite oil companies claiming they had enough stock in their depots to last 20 days.P4...
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