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When oil prices have spiked up, we have seen the Indian stock market underperform compared to the Russian stock market because * 1. Russia is
When oil prices have spiked up, we have seen the Indian stock market underperform compared to the Russian stock market because *
1. Russia is very efficient in refining oil
2. India is a net oil importing country.
3. The oil market is traded heavily in Russian Ruble.
4. The oil market is traded heavily in Indian Rupee.
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