India raises export levies on diesel and aviation turbine/jet fuel, according to Bloomberg and the Financial Post. The changes come as oil flows tighten and fuel supply conditions worsen globally. Both reports link the move to developments affecting regional stability in the Middle East: they cite the collapse of a US-Iran interim peace deal and renewed hostilities, which they say disrupt supply and contribute to a broader market crunch. The outlets report that the higher taxes are applied to exports, indicating an effort to manage overseas shipments and respond to supply constraints. While the sources focus on the same catalysts—strained oil logistics tied to US-Iran developments—they describe the impact in terms of tighter global fuel markets and a more difficult supply outlook. Overall, the reporting centers on India’s decision to increase costs for exporting diesel and jet fuel during a period of reduced availability and higher market uncertainty, with both outlets pointing to renewed geopolitical risks as a driving factor.