US Grants India One-Month Waiver for Russian Oil Purchases

US Grants India One-Month Waiver for Russian Oil Purchases

The United States government has granted India a temporary, 30-day waiver to continue purchasing Russian crude oil, a decision announced in Washington this week to prevent immediate disruptions to global energy supplies. The move follows months of complex diplomatic negotiations, balancing the Biden administration’s stringent sanctions regime against Moscow with the reality of India’s heavy…

Read More