India significantly reduced aviation fuel prices to protect consumer interests.

India sharply raised domestic aviation fuel prices to a historical record, only to make an emergency rollback mere hours later, causing further turbulence in an aviation industry already impacted by the Middle East conflict. India's largest oil refining company, and the main driver of fuel pricing, Indian Oil Corporation, initially doubled the April aviation fuel prices in New Delhi to 207,341 rupees per kiloliter. However, according to the company's website, the price was corrected to 104,927 rupees just a few hours later, representing only an 8.6% increase from the previous month. The Indian Oil Ministry released a statement on the social media platform X, stating that due to the closure of the Hormuz Strait and the global energy market turmoil, domestic aviation fuel prices were supposed to increase by over 100% on April 1st. However, the statement added that state-owned fuel retailers only implemented a partial and phased price adjustment.