How much diesel did Reliance export to Europe in July, and what factors drove this increase?

Reliance exported 4 million to 5 million barrels of diesel from its Jamnagar site to Europe in July — the highest volume in 10 months and a return to pre-U.S.-Iran war levels — driven by record European diesel margins ($74/barrel), critically low regional stockpiles (lowest since 2014), Middle East conflict disruptions to Gulf supplies, and Russia’s July diesel export ban following Ukrainian drone attacks on refineries.

What is the significance of India’s diesel exports to Brazil in July, and how do they compare to Russian supply?

Reliance’s diesel exports to Brazil are on track to reach an 11-month high of 2.8 million barrels in July, loaded from Jamnagar and Vadinar refineries, while Russian diesel exports to Brazil fell to their lowest level in nearly four years during the same period, according to Kpler shiptracking data.

India's Reliance Ramps Up Diesel Exports to Europe, Brazil in July, Sources Say

Jul 30, 2026

Reliance Industries increased diesel exports to Europe and Brazil in July, shipping 4-5 million barrels to Europe to offset supply tightness from geopolitical conflicts and Russian bans.

reuters

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