US pulls Iranian oil waiver after Hormuz attacks — What it means for India’s crude supply
- Posted on July 8, 2026
- By Financial Express
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- 1 min read
US pulls Iranian oil waiver after Hormuz attacks — What it means for India’s crude supply
The fragile peace in the Gulf shattered as the US launched powerful strikes on Iran following tanker attacks in the Strait of Hormuz, while sanctions on Iranian oil exports resumed, impacting global markets and India’s import strategies.
