USA gave relief on Russian oil purchase ban.
20% oil supplies became affected in the global oil market due to middle east conflicts. Route problem is the main cause. Now entire export import on the red sea corridor becomes impossible. Only black sea and purchase from Russian oil is the alternative.
Now in the conflicts and crisises USA has allowed temporary relief to India and allowed to purchase Russian oil for 30days.
Now 40% oil market have been affected in India
9.5 million oil is comming to India form Russia. Indian navy is escorting. Within a week it will come to India.
Not only the oil sectors but also civil aviation, fruits, almond, kaju nuts, edible oil and electronic supplies have been affected with agriculture, horticulture exports form India to abroad.
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