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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.

Indian refiners will begin publicly stressing backup supply options and hedging if the Senate’s tougher Russia sanctions move closer to implementation, because the article says replacing Russian crude quickly would be difficult.

This is a direct macro risk for India’s energy bill, inflation path and refinery sourcing strategy. It also intersects with the broader geopolitical squeeze on Russian oil flows.