India has reinstated windfall taxes on diesel, aviation turbine fuel, and petrol exports from June 1, 2026, ending a period of nil levies. The move signals a recovery in global refiner margins and will directly reduce export profitability for India's large private refiners.

1mo ago · 3 min · Policy & Government

Top global oil companies are projected to earn an extra $234 billion in profits linked to war-driven energy price spikes. The surplus windfall increases political pressure for windfall profit taxes in Europe and other major markets. Capital allocation decisions by oil majors on dividends versus reinvestment will be a

2mo ago · 1 min · Markets