India is rapidly emerging as a major force in the global refined petroleum trade, with its fuel exports gaining ground in African markets and challenging traditional Gulf suppliers.The latest development comes from Kenya, where India has overtaken Saudi Arabia and the UAE as the country’s biggest source of petroleum products. India’s petroleum-product exports to Africa reportedly reached a record in July, rising around 66% year-on-year, while Indian petroleum exports globally jumped sharply.India’s advantage lies in its enormous refining capacity and ability to process different grades of crude. The country is the world’s fourth-largest refiner, with around 258.1 million tonnes per year of installed capacity across 22 refineries. Petroleum product exports reached 61.5 million tonnes in FY2025-26.Access to Russian crude has also strengthened Indian refiners, although recent geopolitical disruptions have complicated that advantage. India’s Russian crude imports hit record levels in June, while Chinese demand for Russian crude has recently increased competition for supplies. n18oc_the-hard-factsNews18 Mobile App - https://onelink.to/desc-youtube
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