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Home / Tag Archives: Indian government windfall tax on petroleum products 2026

Tag Archives: Indian government windfall tax on petroleum products 2026

India Hikes Export Duty on Diesel and ATF: What It Means for Global Energy Markets and Refiners

June 20, 2026 Business News, International

Close-up of a modern industrial oil refinery facility processing petroleum under a clear sky, representing India's domestic energy infrastructure.

New Delhi. Saturday, 20 June 2026 In a swift response to persistent global crude oil price volatility and shifting geopolitical dynamics in West Asia, the Government of India announced a fresh revision to its energy export policy. Effective June 16, 2026, the Ministry of Finance has significantly raised the export …