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New Delhi: India’s foreign policy and trade dynamics are facing renewed turbulence following Washington’s revocation and subsequent six-month reinstatement of the sanctions waiver for participation in Iran’s Chabahar port project. This development, occurring alongside sharp new US sanctions on Russian oil firms, compels a reassessment of India’s regional strategies, energy security, and trade routes at a time of global realignment and market uncertainty.
Chabahar Port Waiver: Strategic Stakes and Diplomatic Context
India’s investment in Iran’s Chabahar port is anchored in its imperative to secure a gateway for Afghanistan and Central Asia that bypasses Pakistan, thereby reducing reliance on transit routes susceptible to region

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