India: Government approves oil price stabilization fund in New Delhi.

New Delhi, India - June 04, 2026 Indian government officials announce a price stabilization fund for oil companies in New Delhi on June 04, 2026. The federal cabinet approved 100 billion rupees in budgetary support to help airlines cope with rising aviation fuel costs amid the Middle East crisis that has substantially increased passenger fares and reduced international demand. (Video by Deepak, Bikram, Ashim/Xinhua/Sipa USA) *** World Rights Except China *** CHINA OUT ***