Iran crisis relief for India? US announces 30-day waiver for New Delhi to buy Russian oil - DCLEAR VIEWS

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Friday, March 6, 2026

Iran crisis relief for India? US announces 30-day waiver for New Delhi to buy Russian oil

As tensions continue in the Middle East and the crisis hampers shipping routes through the Strait of Hormuz, the US granted India a 30-day waiver to purchase Russian oil. US Treasury Secretary Scott Bessent, in a post on X (formerly Twitter), informed of the move. 

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