Categories: Business

Russia sanctions waiver buys time for India but offers no lasting certainty: GTRI

US President Donald Trump waived tariffs on major buyers of Russian oil, providing temporary relief to India. While the immediate threat of trade penalties has eased, concerns over future tariffs remain. The GTRI suggests that India should focus on buying oil on commercial terms for long-term energy security. Existing sanctions on Russia remain unaffected, and US monitoring of energy purchases will continue.

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