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Policy● Neutral for Indian equities
Trump Says US To Hold Off On Diesel Export Ban After G7 Release
The brief
- Trump said the US will hold off on a diesel export ban after a G7 release
- The statement comes amid a record surge in diesel prices
- Diesel boom lifts Reliance and Nayara, leaves state-run OMCs bleeding
- Nayara raises petrol by ₹5, diesel by ₹3 per litre
- 100M oil barrels to hit markets: G7 makes big move after Trump’s diesel export ban threat
- Trump rules out a US diesel export ban
- G7 agrees to release 100 million barrels of oil and fuel over four months