Washington: Amid the intense ongoing conflict with Iran and escalating military tensions across the Gulf region, the United States has made a significant strategic shift by granting India a special exemption to continue purchasing Russian oil. This move by Washington is widely viewed as a necessary step to maintain stability in the global crude oil supply chain.
Notably, this development comes at a time when, until recently, the United States had been exerting strong pressure on India to halt its imports of Russian oil. However, the current conflict in the Strait of Hormuz has reportedly left hundreds of oil tankers stranded, creating the risk of a major global energy disruption. The situation has raised serious concerns about potential instability in international energy markets.
