US vs Russia-Iran Oil: India got a big blow due to this decision of America, energy security is in danger. Us Ends Waiver Russian Iranian Oil India Impact Energy Crisis Hormuz Blockade Global Oil Supply

Direct impact on India: Pressure on energy security?

India, which has been buying cheap crude from Russia on a large scale in recent months, is among the countries directly affected by the decision. Amidst the Ukraine war and Middle East tensions, India had turned to Russia to meet its energy needs. But now that America has ended the exemption, India’s options seem to be limited.

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