US Grants India One-Month Waiver for Russian Oil Amidst Sanctions Landscape
Discover why the US granted India a one-month waiver for Russian oil, balancing global sanctions with strategic partnerships and energy security.
Discover why the US granted India a one-month waiver for Russian oil, balancing global sanctions with strategic partnerships and energy security.
In March, India solidified its position as a primary buyer of Russian crude, with import volumes surging even as the traditional price discounts associated with these transactions vanished, according to recent trade data. As the world’s third-largest consumer of oil, India is actively recalibrating its supply chain to mitigate risks associated with maritime chokepoints like…