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India Imposes Refinery Export Tax Amid Global Energy Crisis; Hong Kong Property Hits 22-Month High
Stock Market News· 2026-03-27 04:38
Key TakeawaysIndia has imposed a new export tax on all refineries selling petrol and diesel to overseas markets to ensure domestic energy security amid soaring global prices and the ongoing West Asia conflict.Oil Minister Hardeep Singh Puri officially debunked rumors of a nationwide lockdown, labeling them "false and misleading" while assuring the public that fuel supplies remain fully secure.Hong Kong home prices surged to a 22-month high in February, though the escalating Iran war and regional geopolitica ...