Indian refiners hit export highs as war and Russia ban tighten fuel supplies

India's oil-product shipments are on track for their highest level since September, as refiners cash in on strong profit margins. The surge is driven by a Russian export ban and Middle East hostilities that have tightened global fuel supplies. Indian refiners are filling the gap left by disrupted supplies from other major producers.

Should India maximise fuel exports during global shortages at the expense of domestic reserves?

Bloomberg · 14d ago · Source ↗

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Indian refiners hit export highs as war and Russia ban tighten fuel supplies

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