
Trump says India got temporary waiver to buy Russian crude
Washington: US President Donald Trump said India was granted a temporary waiver to purchase Russian crude oil to reduce the pressure caused by a sharp rise in global oil prices. The comments come as Iran has reportedly blocked the Strait of Hormuz in recent days amid conflict involving the US and Israel. With about 20% of the world’s crude shipments moving through the route, oil transportation has fallen sharply, pushing international prices up.


































