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Is India benefiting from US subsidies on Iranian oil?

About 45% of India's crude oil, 50% of its LNG and 90% of its LPG imports pass through the Strait of Hormuz. With the closure of Hormuz, things changed. However, what will be the impact of the US waivers on Iranian oil on India now?

BBC తెలుగు Wed, 24 Jun 2026 03:14
Read the original at BBC తెలుగు ↗