Petrol and Diesel Export Duty Slashed: Here’s How It Impacts Fuel Prices
Highlights: In a significant move aimed at recalibrating India’s energy export landscape, the government has announced a major reduction in export duties on petrol, diesel, and Aviation Turbine Fuel (ATF), effective June 1, 2026. This policy adjustment comes as part of the government’s periodic review of international crude oil price fluctuations and domestic refining margins. What Has Changed? The Ministry…