India Boosts Diesel Exports to Southeast Asia to 7-Year High

Tightening Asian fuel markets and Indian refiners’ thirst for Russian crude have resulted in the highest Indian diesel exports to Southeast Asia in seven and a half years in March, Reuters reported on Tuesday, citing trade sources and data from analytics firm Kpler. As the Middle East war roils Asian fuel markets and prompted many countries in Asia, including China, to impose fuel export bans, Indian refiners are taking advantage of the higher premiums they get to send their fuel to Southeast Asia, which began struggling with fuel shortages.…