Despite the supply squeeze triggered by the ongoing Iran war, the Indian government has decided not to impose an immediate ban on fuel exports. Officials cited several logistical challenges, including the difficulty of storing surplus fuel meant for international markets and the risk of undermining long-term contractual commitments of major exporters like Reliance Industries and Nayara Energy. While there is pressure to serve domestic demand, the government is carefully weighing the legal and tax implications for export-dedicated refineries. For now, the focus remains on monitoring the situation without disrupting the established export framework.