India Raises Fuel Export Tax Amid Global Supply Concerns

India has increased levies on exports of oil products to bolster domestic fuel stockpiles, citing tight global supplies despite a pause in fighting between the US and Iran.

3 Aug, 15:06 — 3 Aug, 15:06

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bloombergHigh38d ago

India Raises Fuel Export Tax to Build Buffer as Wars Curb Supply

India increased levies on exports of oil products to bolster domestic fuel stockpiles while global supplies remained tight despite a pause in fighting between the US and Iran.

By Rakesh Sharma and Ruchi Bhatia

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India Raises Fuel Export Tax Amid Global Supply Concerns

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India Raises Fuel Export Tax to Build Buffer as Wars Curb Supply

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