New Delhi, June 19 -- The Centre is weighing a rollback of emergency curbs on fuel sales imposed during the West Asia conflict after the US and Iran sued for peace, a move that could ease pressure on farmers, lower inflation and improve prospects for the world's third-largest oil importer.

New Delhi is taking a cautious approach and will wait for greater clarity over the implementation of the agreement before removing curbs introduced during the hostilities, a government official familiar with the matter said.

"We are reviewing all the conditions. We are waiting for more confidence from the situation, following which decisions will be taken," the official said on the condition of anonymity.

As the war intensified, oil marketing compani...