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India's diesel exports hit 13-month high amid Iran war: How refiners are cashing in on supply disruptions

India’s diesel exports hit a 13-month high in October, rising 19.6% month-on-month as refiners capitalised on global supply disruptions linked to the Iran war and Russia-Ukraine conflict. Reliance Industries accounted for nearly 78% of exports amid strong overseas demand and elevated margins.

India's diesel exports hit 13-month high amid Iran war: How refiners are cashing in on supply disruptions

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Airlines Need Tax Relief

India’s largest airline by market share, IndiGo, has reported a loss for the third consecutive quarter, hit by rupee depreciation and a sharp rise in fuel prices.

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