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Asian crude importers can join hands over Iran sanctions

Opportunity for India and China to launch oil buyers' club after Trump's waiver ban

| China

Iran is not the only country that will suffer greater pain under U.S. sanctions, with Washington suddenly ending waivers that enabled Tehran to export limited amounts of crude over the past six months.

China and India, the two biggest buyers of Iranian crude and largest waiver beneficiaries, are also taking a hit.

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