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03.08.26 - 18:00
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Centre raises windfall tax on petrol, diesel and ATF exports from August 3 (Times of India)
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India has increased export duties on petrol, diesel, and aviation fuel. These revised rates will be effective from August 3 for the next fortnight. Domestic fuel duties remain unchanged, providing stability for local consumers. This move follows a reduction in commercial LPG prices earlier this month. The government is assessing global conflicts' impact on India's supply chains....
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03.08.26 - 09:18
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Goldman Sachs Warns on Russia-Driven Diesel Squeeze (Bloomberg)
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Samantha Dart, co-head of global commodities research at Goldman Sachs, joined Haslinda Amin on Insight with Haslinda Amin to discuss growing risks in diesel markets. Dart says disruptions to Russian fuel exports and the US-Iran war are tightening supplies, raising concerns about global refining capacity and fuel prices. (Source: Bloomberg)...
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