India raises diesel, jet fuel export taxes to curb exports amid West Asia conflict.

India increased export taxes on diesel and jet fuel to curb exports and ensure domestic supply amid global oil price volatility. The tax on diesel rose to ₹55.5 per liter and jet fuel to ₹42 per liter, while petrol remains duty-free. The government says the move prevents exporters from profiting from price gaps and does not aim to boost revenue.