Trump agrees to grant India waiver from Iran oil sanctions, says report

India and South Korea agreed with the US on the outline of deals that would allow them to keep importing some Iranian oil, according to Asian officials with knowledge of the matter.

No final decision has been made and an announcement is unlikely before US sanctions on Iran are reimposed Nov. 5, the officials said, asking not to be identified because the information is confidential. That opens the possibility that the terms could still be modified or the deals scrapped entirely.

The waivers would ensure at least some Iranian oil continues to flow to the global market, potentially calming fears of a