According to government data, India's petroleum product exports showed an increase of over 8% in July compared to the same period last year. This growth occurred against the backdrop of improved margins caused by a global supply shortage.
The situation was driven by several factors: Russia's ban on diesel fuel exports, as well as the availability of sufficient crude oil reserves arriving in India during the ceasefire between the US and Iran.
In July of this year, India exported 2.4 million tons of diesel fuel.