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The Economic Times

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India diesel exports jump 20% in March amid Iran war

India boosted diesel exports significantly in March. This surge was driven by favorable economics for middle distillates. Geopolitical events in West Asia tightened supply, increasing diesel and jet fuel prices. Refiners adjusted production to capitalize on these higher margins. India also increased domestic LPG production to compensate for lost imports. Overall refined product exports saw a slight decline.

31 Mar 2026 5:30 am