U.S. Ends Russia-Iran Oil Waivers, Puts India Under Pressure as Sanctions Threaten Energy Flows
The United States is tightening its grip on global oil flows, ending sanctions waivers that allowed limited purchases of Russian and Iranian crude. With warnings of direct sanctions for buyers of Iran’s oil, Washington is signalling a return to its “maximum pressure” strategy. As supply tightens and prices risk rising, India now faces a difficult balancing act between energy security and geopolitical pressure.
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