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India on track to export record-low diesel to Europe in Jan as Red Sea risks weigh

By Economic Times - 5 months ago
India's low-sulphur diesel exports to Europe are set to hit a two-year low in January due to increased freight costs caused by Red Sea security risks. The decline in volumes is around 80% month-on-month. Meanwhile, India-origin exports of aviation fuel to Europe remain steady with an open arbitrage window and stable demand.

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