Amidst the Middle East conflict impacting global oil supplies, India has implemented measures to ensure domestic fuel availability. The government has imposed export duties on diesel and aviation fuel while simultaneously reducing excise duties on petrol and diesel for local consumption, aiming to shield citizens from price hikes. Amidst the Middle East conflict impacting global oil supplies, India has implemented measures to ensure domestic fuel availability. The government has imposed export duties on diesel and aviation fuel while simultaneously reducing excise duties on petrol and diesel for local consumption, aiming to shield citizens from price hikes.
