Bhubaneswar, March 22 -- The United States' decision to temporarily suspend sanctions on Iranian oil shipments has triggered mixed reactions from experts, with implications for global crude markets and India's energy security. Foreign affairs expert Robinder Sachdev said the move is driven by "cold market logic" aimed at easing supply pressures.

Speaking to ANI on Saturday, Sachdev explained that around 150 million barrels of Iranian crude are currently stored in ships at sea, either en route to destinations or functioning as floating storage. Bringing this oil into the market, he noted, could help soften global crude prices. He added that a similar 30-day waiver has also been extended to Russian oil shipments at sea, including those tra...