New Delhi: Indian Oil Corporation (IOC), the country's biggest fuel retailer, has slashed jet fuel prices to the lowest in seven months for both domestic and international carriers. According to a statement released by the state-owned oil major, the jet fuel price for domestic airlines in Delhi was cut to Rs 68,050.97 a kilolitre, marking an 11 percent fall from a month earlier (Rs 76,378.80). The decline comes after jet fuel prices hit a five-year high in November.