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India hikes diesel, ATF export taxes amid renewed US-Iran tensions

By BloombergJuly 16, 2026 · 1 min read

India has raised export taxes on diesel and jet fuel while cutting the gasoline levy as renewed US-Iran tensions tighten global fuel markets. 35-word social media lead text options

India increased taxes on exports of diesel and aviation turbine fuel as the collapse of the US-Iran interim peace deal and renewed hostilities have choked oil flows again tightening global fuel marke…

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