Israel-Iran war: What US 30-day waiver on Russian oil means for India - explained

Mar 6, 2026 - 14:30
Israel-Iran war: What US 30-day waiver on Russian oil means for India - explained

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Around 90% of India’s crude oil is imported - and around 40-50% of India’s crude oil imports come from the Middle East, particularly after it substantially reduced purchases of Russian crude oil.

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