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‘No choice’: Asian nations tap Russian oil under US waivers amid Middle East war

Representative image (AI-generated) With the near-closure of the Strait of Hormuz disrupting global oil supplies, several Asian countries are turning to Russian oil to fill the gap caused by the Iran war.Energy-starved nations in the region are taking advantage of US sanction waivers to secure Russian crude, Bloomberg reported. The Philippines recently received its first…

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