US Issues 30-Day Waiver To Allow Indian Refiners To Buy Russian Oil

The United States has issued a 30‑day waiver allowing Indian refiners to purchase Russian oil, a move framed as a temporary measure to keep crude flowing into global markets amid soaring energy‑security fears triggered by the widening war involving Iran and the US‑led coalition.US Treasury Secretary Scott Bessent announced the exemption on Friday, stressing that it is aimed at preventing abrupt

March 6, 2026
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