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AppIndia Gets 30-Day Waiver From US To Buy Russian Oil Amid Iran War
India's access to crucial energy supplies received a temporary boost on Friday after US Treasury Secretary Scott Bessent announced a 30-day waiver allowing Indian refiners to purchase Russian oil.
The Treasury Department's Office of Foreign Assets Control issued a Russia-related licence "Authorizing the Delivery and Sale of Crude Oil and Petroleum Products of Russian Federation Origin Loaded on Vessels as of March 5, 2026 to India," the Treasury said in a statement.
India's access to crucial energy supplies received a temporary boost on Friday after US Treasury Secretary Scott Bessent announced a 30-day waiver allowing Indian refiners to purchase Russian oil.
The Treasury Department's Office of Foreign Assets Control issued a Russia-related licence "Authorizing the Delivery and Sale of Crude Oil and Petroleum Products of Russian Federation Origin Loaded on Vessels as of March 5, 2026 to India," the Treasury said in a statement.









