31/05/2026
Fuel exports from India may rebound after slumping amid tensions with Ukraine and Iran – Report 2026
Western nations facing shortages are reconsidering sanctions on fuels made from Russian crude oil. Overseas fuel sales accounted for 10.2 per cent of India’s gross exports by value this April. India’s Energy source exports reached a record monthly low in May because of the combined effects of the wars in Ukraine and West Asia — even as prices of transport fuels surged globally after the conflicts disrupted shipments, according to shipping data....
Western nations facing shortages are reconsidering sanctions on fuels made from Russian crude oil. Overseas fuel sales accounted for 10.2 per cent of India’s