India's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oil prices and a weaker rupee will aid these exports. The country is also diversifying its energy sources, reducing reliance on traditional suppliers.

India will reduce its export duties on petrol, diesel, and aviation turbine fuel (ATF) starting June 1. The new rates are 1.5 rupees per litre for petrol, 13.5 rupees for diesel,…

The export duties were introduced in March to ensure domestic availability of petroleum products amid the ongoing West Asia crisis. | India News