U.S. ends Russia oil waiver, impacts Indian refiners

U.S. ends Russia oil waiver, impacts Indian refiners. India’s refiners may face tighter margins as U.S. sanctions tighten on Russian oil. Indian companies like IOCL, HPCL, and BPCL could see cost pressures if Russian crude supply is disrupted. Global oil prices may rise, impacting refining margins and import bills.

📊 STOCKS: IOCL, HPCL, BPCL | 🏢 SECTOR: Energy | #MEDIUMIMPACT #Energy