India's Diesel Dominance: A Shift in Global Fuel Dynamics India supplied approximately 60% of the diesel transiting through the Bab el Mandeb towards Europe in August, sending ripples throughout the global energy landscape.
This news marks a significant shift in the balance of power, as Indian refiners have long been major players in the international fuel market. One key factor driving India's ascendancy is its sheer capacity. With 258.
1 million tonnes per annum of installed refining capacity – well above domestic demand – Indian refiners have been able to ramp up exports in recent years. In fact, the country exported a record 61.