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US blinks on Russia, India less fluttered - The Economic Times
Trump's decision to waive tougher sanctions against Russia aims to ensure US diesel supply until the midterm elections. The waiver, however, is unlikely to significantly impact Russian diesel exports due to damaged refinery capabilities. Furthermore, shipping lines may still face disruptions from ongoing conflicts in the region. India's situation remains complex as it benefits from reduced risks of US tariffs while navigating the oil market.
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