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Live News ENERGY ARTICLE M impact

India poised to fill China's fuel export gap

India is well-positioned to fill the void left by China's suspension of fuel exports for October, due to rebounding crude oil imports and recent tax cuts on fuel exports.

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China’s decision to suspend fuel exports for October has renewed concerns that global markets could tighten further. India is well placed to help fill the gap, supported by rebounding crude oil imports and recent tax cuts on fuel exports. India has the world’s fourth-largest...