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US sanctions bill threatens to squeeze Russian oil flows and India’s energy security
·Finance·Short term

The US House will become the next battleground for the Russia oil sanctions bill, and Indian refiners will start signaling contingency plans if the tariff threat survives committee and floor negotiations.

This is the clearest market-moving story in the window: it links Washington legislation directly to India’s crude supply mix and global oil pricing. The risk is not abstract; it sits at the intersection of sanctions policy, energy security and refinery economics.

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