India resumes Iranian oil imports after US eases sanctions

For the first time in seven years, India has imported Iranian crude oil, breaking a long hiatus imposed by US sanctions. This development follows a temporary easing of restrictions by Washington, aimed at addressing supply disruptions linked to the ongoing Middle East conflicts. The move signals a notable shift in energy dynamics, with India balancing between Iranian and Russian supplies to mitigate pricing and dependency risks. It’s a calculated response to a volatile global energy landscape, o