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US Treasury allows sanctions waiver on Russian seaborne oil to lapse

Source: Thehindubusinessline

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<p>The Trump administration on Saturday allowed a sanctions waiver to lapse that had previously allowed countries ​including India to buy Russian seaborne oil after a month-long ‌extension aimed at easing oil supply shortages ​and high prices due to Iran's closure ⁠of the Strait of Hormuz.</p> <p>*

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