Modi Govt puts India above Russian fuel re-export; Petrol curbs to be extended
The Narendra Modi government has put 'India First' before Russian fuel re-exports. Reuters reported that India is planning to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month. The report added that the Modi government wants to ensure the availability of refined fuels for the domestic market. This is likely to discourage some Indian refiners, mainly private companies, from buying Russian fuels. Watch this video for more details.