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India Cuts Fuel Taxes and Curbs Exports as Oil Crisis Deepens

ports_congestion UTC: 2026-03-27 10:30:00

India on Friday moved to protect its fuel supply and consumers by reducing domestic taxes on gasoline and diesel and imposing a levy on fuel exports. In view of the West Asia crisis, the central excise duty on petrol and diesel for domestic consumption has been reduced by 10 r...

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