ReferIndia News US decides not to renew Russian, Iranian oil waivers; India probably to be impacted

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US decides not to renew Russian, Iranian oil waivers; India probably to be impacted

Published on: April 25, 2026, 7:36 a.m. | Source: India TV News

Treasury Secretary Scott Bessent has confirmed that the United States (US) will not renew the waiver on Russian and Iranian oil at sea, even as the world awaits a peace deal between Tehran and Washington.

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