economy
U.S. Hormuz blockade hits India just as Russian oil purchase waiver expires, deepening energy worries
U.S. moves to blockade Iran, and let a Russian oil waiver lapse, squeeze India’s energy supplies, exposing its vulnerability under rising U.S. pressure.
TL;DR
- U.S. is implementing a blockade of Iran.
- A waiver for Russian oil purchases is expiring.
- These actions will squeeze India's energy supplies.
- India's vulnerability under U.S. pressure is highlighted.