India has reportedly sought a US waiver to purchase Russian LNG

Newsquawk StaffPublished 27 Mar 2026, 07:52 UTC

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India has reportedly sought a US waiver to purchase Russian LNG

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Context

India's request for a US waiver to purchase Russian LNG suggests a potential shift in energy dynamics amid ongoing geopolitical tensions. If granted, this could strengthen India's energy security while complicating US-Russia relations further, potentially impacting energy prices and forex markets, particularly for related currencies like the INR, USD, and EUR.

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