U.S. issues 30?day waiver allowing India to buy Russian oil as Iran war disrupts supplies
Source: SeekingAlpha
2026-03-06 01:51:51 ET
India faces risks from energy supply disruptions, with crude oil reserves sufficient for only about 25 days of demand. Around 40% of the country’s oil imports pass through the Strait of Hormuz from the Middle East....
Brent ( CO1:COM ) and WTI crude ( CL1:COM ) recouped some losses after falling over 1% on Friday and were last trading at $85.19 and $80.60 per barrel, respectively.
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U.S. issues 30?day waiver allowing India to buy Russian oil as Iran war disrupts supplies
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