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US extends sanctions waiver for Russian crude again: The move, its impact on India explained

The US has extended by another month its sanctions waiver for Russian crude already loaded on tankers, aiming to stabilise global oil supply amid disruptions caused by the Strait of Hormuz crisis and ease pressure on crude prices.

By Sukalp Sharma· The Indian Express· 5 months ago· 2 min read
US extends sanctions waiver for Russian crude again: The move, its impact on India explained