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Sanctions
Economic sanctions restrict trade, finance or investment with a target country, company or individual, such as bans on buying its oil or using the dollar banking system. They are tools of foreign policy.
Why It Matters
Sanctions on one country can create bargains, and risks, for others.
In India
Western sanctions on Russia after 2022 made Russian oil cheap, and India became one of its largest buyers until a 2026 trade deal with the US.
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