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Back to state act
Description
On 3 June 2026, the Government of India approved one-time budgetary support of up to INR 100 billion (approximately USD 1.05 billion) as an interest-free advance to Oil Marketing Companies (OMCs) for ...
Intervention Details
Intervention Type
Production subsidy
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
03 Jun 2026
Revocation date
02 Jun 2029
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
firm-specific
Affected Sectors
Affected Products
See all
This thread collects government interventions that alter the conditions of international commerce in response to the armed conflict involving Iran and the associated disruption to energy transit through the Strait of Hormuz. Documented measures include tariff changes, export restrictions, capital controls, and domestic subsidies among others. These actions affect cross-border energy, food, and ind...
Published: 19 Mar 2026
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