US Grants India 30-Day Waiver to Import Russian Oil Amid Middle East Tensions
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7 SourcesNew Delhi, India
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US Grants India 30-Day Waiver to Import Russian Oil Amid Middle East Tensions

The US has issued a temporary 30-day waiver allowing Indian refiners to purchase Russian oil shipments stranded at sea amid rising Middle East tensions. The waiver aims to maintain global oil supply without significantly benefiting Russia financially. Congress criticized the Modi government, with leaders like Jairam Ramesh and Pawan Khera accusing the US of pressuring India and questioning its energy sovereignty. US officials emphasized India as a key partner and expect increased US oil purchases alongside this stop-gap measure.

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