Trump Allows India to Keep Buying Cheaper Russian Oil

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President Donald Trump has waived tariffs on countries purchasing Russian oil, allowing India to maintain access to discounted crude. Indian imports are expected to reach 1.8–1.9 million barrels daily in October. The decision helps Indian refiners avoid more expensive alternatives from the US and Middle East, despite rising freight costs and narrowing Russian oil discounts.

Source

https://www.financialexpress.com/policy/economy/us-waiver-gives-india-room-to-retain-cheaper-russian-oil/4363816

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