𝑻𝒉𝒆 𝑮𝒐𝒗𝒆𝒓𝒏𝒎𝒆𝒏𝒕 𝒐𝒇 𝑰𝒏𝒅𝒊𝒂 𝒇𝒊𝒏𝒂𝒍𝒍𝒚 𝒄𝒖𝒕 𝒕𝒉𝒆 𝒘𝒊𝒏𝒅𝒇𝒂𝒍𝒍 𝒕𝒂𝒙 𝒐𝒏 𝑪𝒓𝒖𝒅𝒆 𝑶𝒊𝒍 𝒂𝒏𝒅 𝒕𝒉𝒆 𝒆𝒙𝒑𝒐𝒓𝒕 𝒐𝒇 𝑫𝒊𝒆𝒔𝒆𝒍 𝒂𝒏𝒅 𝑨𝒗𝒊𝒂𝒕𝒊𝒐𝒏 𝑭𝒖𝒆𝒍.
Mainly the 𝐎𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 (OMC) are the ones who got affected by the increase in Taxes in July 2022. This Tax cut gave them a relief to earn more profit than before. The international prices are also cooled off.
P.s- a meme describing the happiness because of cutting of the windfall taxes on crude.
