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Petroleum product exports touched record high in 2025

Business Standard

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January 12, 2026

This despite West sanctions on Russian oil and Suez Canal hurdles

- S DINAKAR

India’s exports of petroleum products hit an all-time high in 2025 despite the influence of sanctions by Western powers and an ongoing informal blockade of the Suez Canal, led by strong refining margins in overseas markets — a byproduct of the ongoing Russia-Ukraine war.

Fuel exports, which account for over a tenth of India’s overall product exports by value, came despite mounting geopolitical turmoil and the imposition of sanctions by the European Union on a large Indian private-sector refiner and on supplies of fuels made from processing Russian crude oil.

Reliance Industries led the charge for Indian exports as shipments of fuels reached a record 1.28 million barrels per day (bpd) in 202, a 4 percent increase from a year earlier, according to data compiled by maritime intelligence agency Kpler.

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