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#Energy Trade

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GENERAL

India Resumes Iran Oil Trade Amid Ceasefire, Navigates Global Tensions

India has resumed oil imports from Iran following a two-week ceasefire announcement, a move aimed at securing its energy supply. The critical Strait of Hormuz waterway's closure had severely impacted India's imports, prompting a diversification strategy. India is also strengthening energy ties with Russia while maintaining a delicate diplomatic balance with global powers.

3 days ago