Foreign affairs expert Waiel Awwad called the waiver of sanctions under the Lindsey O. Graham Act a 'big relief' for India, saying it could stop the rupee's depreciation and reduce inflation and oil prices. He urged New Delhi to keep its autonomous decisions on Russian oil purchases and its strategic ties with Russia. Awwad said the move reflects Trump's 'America First' approach and aims to gain popularity before the November midterm elections, and that the US-Russia diesel deal surprised Ukraine and the EU. Trump waived several sanctions on Russian fuel sales that were due to take effect under the Act, citing 'national interest'. The law would have imposed tariffs of up to 100% on goods from the five largest importers of Russian crude oil or gas, including India and China.
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Original headline: Trump trying to gain popularity : Waiel Awwad says Russia oil sanctions waiver big relief for India
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