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US moves to end Russia oil sanctions waiver affecting Indian imports

3 Jun 2026via NDTVSource

US moves to end Russia oil sanctions waiver affecting Indian imports. This could disrupt India's discounted Russian crude imports, forcing refiners to seek costlier alternatives. Indian refiners paid $29 billion for Russian oil since 2022. Margin pressures may rise if waiver ends.

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

#Russia#Oil#Sanctions#India#Import

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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