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US lawmakers just put a spotlight on India’s dependence on discounted Russian oil, and the new Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 has turned that spotlight into a pressure lamp for downstream refiners and fuel retailers. Tariff threats can rattle exporters, while cheap crude can support margins at home. This article unpacks how that tension plays out and reveals 3 Indian downstream stocks most exposed to this story today. The three Indian fuel retailers covered below...
DEE Development Engineers Ltd (NSE:DEEDEV) reports 31.6% YoY revenue growth, secures a major BPCL order, and maintains its FY27 guidance of Rs 1,500 crore plus with an EBITDA margin above 19%.
Despite facing financial setbacks, Bharat Petroleum Corp Ltd (BOM:500547) showcases strategic growth in retail and upstream sectors.
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