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Claim Text: The situation prompted the U.S. to grant a sanction waiver on Indian buyers of crude, so they could absorb some Russian crude sitting on tankers in the waters of the coast of Asia.
Simplified Text: U.S. granted sanction waiver on Indian buyers of crude
Confidence Score: 0.900
Claim Maker: The author
Context Type: News Article
Context Details: { "trade": "Indian buyers of crude", "policy": "Sanction waiver" }
Subject Tags: Trade Political
UUID: 949e1ad3-62f0-495d-a24a-59897b98ed94
Vector Index: ✗ No vector
Created: April 24, 2026 at 4:46 AM (5 months ago)
Last Updated: April 24, 2026 at 4:46 AM (5 months ago)

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1 month ago

https://oilprice.com/latest-energy-news/world-news/daily-ship-traffic-in-strait-of-hormuz-plummets-from-138-to-just-2.html

Ship traffic in the Strait of Hormuz has dropped significantly due to regional conflict involving Iran.

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