India, July 2 -- Union Petroleum and Natural Gas Minister Hardeep Singh Puri has ruled out any immediate reduction in petrol and diesel prices, stating that state-run oil marketing companies (OMCs) are still recovering cumulative under-recoveries of around Rs 2.18 lakh crore. He said fuel prices have remained largely stable despite global crude oil volatility and reaffirmed that India maintained uninterrupted fuel supplies even during recent geopolitical tensions. Key Highlights No immediate fuel price cut Government says there is no justification for reducing petrol and diesel prices now. Rs 2.18 lakh crore recovery OMCs are still recovering huge cumulative under-recoveries. Fuel prices largely stable Petrol rose 5.58% and diesel 6.23% ...