Finance
India’s Refiners Are Absorbing the Hefty Cost of the Iran War
India’s efforts to shield consumers from a historic oil shock are reverberating through the refining sector, squeezing margins, stretching balance sheets and forcing companies into costly workarounds.
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Bloomberg
April 27, 2026·1 min read
Image: Bloomberg
India’s efforts to shield consumers from a historic oil shock are reverberating through the refining sector, squeezing margins, stretching balance sheets and forcing companies into costly workarounds.
Original article
India’s Refiners Are Absorbing the Hefty Cost of the Iran War
Published by Bloomberg