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The Economic Times

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India's fuel exports hit 1-year high in July on strong diesel margins

India's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids created favorable conditions for Indian refiners. Ample crude availability after a brief Iran-US truce also boosted refinery runs. Refineries like Reliance Industries and Nayara Energy processed more crude volumes. These factors combined to maximize Indian refiners' export capabilities last month.

4 Aug 2026 6:38 am