The government has increased export duties on petroleum products to ensure sufficient domestic fuel supplies. The export duty on petrol has been raised to ₹3.5 per litre, diesel to ₹24 per litre, and aviation turbine fuel (ATF) to ₹22 per litre. The excise duty on petrol and diesel sold within India remains unchanged. This decision comes amid the ongoing conflict in West Asia, which has impacted global oil markets. Since the situation escalated in late March, the Indian government has reviewed export levy rates every two weeks to manage supply concerns.
Officials explained that raising export duties aims to discourage domestic fuel exports, ensuring adequate local availability and helping moderate inflation. The government is closely monitoring international crude prices and geopolitical factors affecting India's energy security. These measures are part of broader strategies to protect consumer interests and maintain market balance during uncertain times.
Authorities emphasized their commitment to adaptive policy responses, stating that export levies will continue to be adjusted based on evolving market conditions. This approach balances domestic fuel demand with external trade considerations to support economic stability.
