India Adjusts Export Levies on Petroleum Products to Balance Domestic Supply

India Adjusts Export Levies on Petroleum Products to Balance Domestic Supply

Strategic Shifts in Export Duties The Indian government announced a significant adjustment to its fiscal policy on May 16, 2026, by increasing the export duty on petrol while simultaneously reducing levies on diesel and aviation turbine fuel (ATF). This move, implemented by the Ministry of Finance, aims to recalibrate domestic fuel availability and stabilize market…

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