EconomyIndian experts say Trump’s Russian oil tariff waiver offers economic relief

Indian experts say US President Donald Trump’s decision to lift tariffs and restrictions under the Russia and Iran sanctions law brings economic relief to India and its exporters. Continued access to competitively priced Russian crude could lower input costs, ease inflationary pressure and support growth, but the waiver’s possible revision or withdrawal creates uncertainty for long-term planning, contracts and investment.

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TTASS★★★☆☆2026-10-17 19:39Original