In a large bowl, whisk together the flour, sugar, baking powder, salt, and grated orange zest.
Add the softened butter and rub it into the dry ingredients until the mixture resembles fine breadcrumbs.
Crack in the eggs and knead until you have a smooth, elastic dough. If it's too sticky, add a little more flour.
Cover the dough with a kitchen towel and let it rest at room temperature for 30 minutes.
On a lightly floured surface, roll out the dough to about 3-4 mm thick, then cut into diamond shapes.
In a deep skillet or pot, heat the oil to 340°F (170°C).
Fry the dough pieces until golden brown, about 1-2 minutes per side. Do not overcrowd the pot to ensure even frying.
Remove the fried Bugnes to a paper towel-lined plate to drain excess oil.
While still warm, sprinkle generously with powdered sugar and serve fresh.
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