India, Sept. 6 -- India is emerging as a key diesel supplier to Europe, as constrained Russian exports and weakening US shipments reshape global refined fuel trade, according to energy intelligence firm Vortexa. Indian refiners accounted for around 60% of diesel and gasoil volumes transiting the Bab-el-Mandeb towards Europe in August, underlining India's growing importance in meeting Europe's fuel requirements.

Around 2,00,000 barrels per day (bpd) of diesel and gasoil crossed the strategically important Bab-el-Mandeb shipping route on vessels bound for Europe during August. The volumes were close to year-ago levels after traffic through the route had nearly stalled during March and April. India's growing role is supported by its substa...