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


The increase in taxes could restrain exports just as shipments from India, one of Asia’s largest fuel suppliers, are climbing and boosting profits for refiners. July outflows of products, such as diesel and gasoline, are seen about 16% higher from a year earlier. 



Source link

  • Related Posts

    Fast food from the US and China catches on in both countries

    China and the United States are divided on many issues, from tariffs and technology to Taiwan. But there is one thing tying them together: fast food. American restaurant and beverage…

    Continue reading
    Five things to watch for in the Canadian business world in the coming week

    Bank of Canada Governor Tiff Macklem is seen during a news conference in Ottawa, Wednesday, June 10, 2026. THE CANADIAN PRESS/Adrian Wyld – The Canadian Press TORONTO — Five things…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Fast food from the US and China catches on in both countries

    Fast food from the US and China catches on in both countries

    T. rex teeth indicate it ran as warm as an elephant

    T. rex teeth indicate it ran as warm as an elephant

    Andros Townsend run over by pitch roller in Thailand

    Andros Townsend run over by pitch roller in Thailand

    Everything You Need to Know About Marks & Spencer’s LFW Debut

    Everything You Need to Know About Marks & Spencer’s LFW Debut

    Lockheed Once Built A Reconnaissance Aircraft That Set A Speed Record In 1976 That No Crewed Jet Has Beaten Since

    Lockheed Once Built A Reconnaissance Aircraft That Set A Speed Record In 1976 That No Crewed Jet Has Beaten Since

    The Batman Part 2 Director Reveals New Image

    The Batman Part 2 Director Reveals New Image