Amid the ongoing US-Iran conflict, India’s fuel exports have hit a 1-year high. Exports of refined petroleum products climbed to a one-year high in July, supported by strong diesel refining margins, Russia's ban on diesel exports and abundant crude availability during the temporary ceasefire in the Iran conflict.

NEW DELHI: India’s crude oil imports from Russia climbed to a record 2.8 million barrels per day (mbd) in July accounting for more than half of the country’s purchases, even as…

India imported a record 2.8 million barrels per day of Russian crude in July, making Russia the source of more than half of its oil imports as refiners prioritized reliable…