US Ends Oil Waivers, Cutting India’s Access To Russian And Iranian Crude

The United States has announced that it will not renew the sanctions waivers that had permitted the purchase of Russian and Iranian oil without facing penalties.India was among the key beneficiaries of these waivers, which allowed it to continue securing Russian oil supplies during a period of global disruption, particularly after tensions in the Strait of Hormuz left several vessels
The United States has announced that it will not renew the sanctions waivers that had permitted the purchase of Russian and Iranian oil without facing penalties.India was among the key beneficiaries of these waivers, which allowed it to continue securing Russian oil supplies during a period of global disruption, particularly after tensions in the Strait of Hormuz left several vessels
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