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VEA: EBITDA more than doubled year-over-year as refining margins soared and net debt declined sharply
EBITDA surged to $770–780 million in 1H26, driven by strong refining margins and improved retail and commercial performance. Net debt fell to $1.7 billion, while robust fuel sales and new store rollouts supported growth. Geopolitical risks and supply disruptions remain key uncertainties.Original do…