New Delhi: The nation’s fuel exports surged to a one-year high last month as robust diesel margins, Russia’s diesel export ban and ample crude supplies during the brief truce in the Iran war created favourable conditions for Indian refiners to maximise exports.
India exported 1.53 million barrels per day (bpd) of refined fuels in July, 27% above the preceding 12-month average, according to shipping data from analytics firm Kpler.
