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Indian OMCs unlikely to see impact on margins after US curbs on Russian oil: Fitch Ratings

Business Standard

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November 18, 2025

Indian oil marketing companies (OMCs) are unlikely to see a significant effect on their refining margins or credit profiles in the wake of the latest US sanctions on Russia's largest crude oil producers and the EU's ban on refined imports derived from Russian crude, according to Fitch Ratings.

- BS REPORTER

The rating agency added that the scale of impact would depend on the duration and effectiveness of the sanctions.

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