India Cuts Export Duties on Petrol, Diesel, ATF Starting June 1
The Indian government announced a reduction in export levies effective June 1, setting duties at ₹1.5 per litre for petrol, ₹13.5 for diesel and ₹9.5 for aviation turbine fuel. Domestic excise rates remain unchanged, a move meant to ensure local supply while responding to global oil price volatility.