State-run oil marketing companies (OMCs) in India have tightened credit terms for petrol pump dealers, now requiring advance payments or limiting credit to just one day. Previously, dealers enjoyed a revolving credit system of up to five days. The United Petroleum Dealers Association, representing dealers from 14 states, has urged the petroleum ministry to intervene and restore the previous credit terms. Dealers report that while larger retailers may receive one-day credit, smaller pumps, particularly in rural areas, are struggling under these new conditions. The government has stated that efforts are underway to restore a three-day credit policy, but many dealers remain skeptical. Despite the tightening of credit, the government maintains that fuel availability is adequate nationwide, although instances of panic buying have been reported. OMCs are currently facing significant losses, with under-recoveries of ₹24.40 per litre on petrol and ₹104.99 per litre on diesel. In response, the government has reduced excise duties on both fuels by ₹10 to alleviate pressure on the OMCs and prevent price hikes.