India expects the US to extend its waiver on Russian oil purchases, according to a government source cited by Reuters

India's expectation that the US will extend its waiver on Russian oil purchases indicates a potential easing of constraints on energy supply, which could affect oil prices and geopolitical tensions.

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India expects the US to extend its waiver on Russian oil purchases, according to a government source cited by Reuters

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This expectation may reinforce USD stability against other currencies, particularly if it alleviates some inflationary pressures tied to energy costs in the region.

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