India

2 articles

Global Business

India's trade deficit narrows amid US-Iran deal impact

India's trade deficit marginally narrowed in May, defying forecasts for a wider gap, Bloomberg reports.

Alex Petrenko·June 15, 2026

Indian oil refinery at dusk with fewer active export tankers, symbolizing reduced fuel exports due to strong domestic demand.

Markets

India fuel exports hit four-year low amid strong domestic demand

India's fuel exports plunged to their lowest level in nearly four years in May 2026, with outbound shipments of diesel, gasoline, and jet fuel averaging just 878,000 barrels a day.

Alex Petrenko·June 2, 2026