US grants India 30-day waiver to buy Russian oil
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- The U.S. has issued a 30-day waiver allowing India to buy Russian oil, a strategic move to mitigate rising global energy prices amidst the deepening Iran war (DW.com, CNBC).
- President Trump is reportedly exploring the broader un-sanctioning of Russian oil as a measure to cool prices, indicating a potential shift in U.S. foreign policy priorities (The Hill).
- The decision comes as the Middle East conflict intensifies, with Israel reportedly bombarding Tehran and Beirut, underscoring the urgency of addressing global energy supply anxieties (Iran war live, DW.com).
Why it matters: This U.S. policy reversal on Russian oil for India reshapes global energy markets and geopolitical alliances.
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