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India Set to Scale Back Russian Oil Imports If US Waiver Lapses
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India Set to Scale Back Russian Oil Imports If US Waiver Lapses

Bloomberg Markets · May 13, 2026, 9:00 AM · Also reported by 4 other sources

Indian oil refiners may be forced to scale back imports of Russian crude if a US sanctions waiver is not extended beyond this weekend, with local processors grappling with the fallout from the Iran war.

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