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The world is well supplied in oil thanks to @POTUS’ policy of American Energy Dominance.
Our allies in India have been good actors and have previously stopped buying sanctioned Russian oil. As we work to ease the temporary gap of oil supply around the world, we have temporarily permitted them to accept Russian oil that is already on the water.
This deliberately short-term measure will not provide significant financial benefit to the Russian government because it only authorizes transactions involving oil already stranded at sea.
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