India Gets 30-Day Waiver From US To Buy Russian Oil Amid Iran War

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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.
 
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.
Already increased in purchased started happening before USA said anything!

Even last month - Russia was the top supplier.
 
Already many rankers are redirected to india.
 
Don’t worry, a bigger offer from other countries will change this. No guarantees this will last long
 
Pretty obvious US now dictating what India can or cannot do globally.
Too bad they can't dictate two Nobel Peace Prize nominations or a declaration that Trump is the saviour of South Asia and whatever they are dictating just happens to coincide with India's interests.
 
on a serious note, the pakistan and pak establishment should now have no doubt that USA and israel will support india at whatever means do destroy pak and china..
On a serious note, this is as much about the US helping itself. If India doesn't buy Russian oil, it will be forced to compete against other buyers for the scarce barrels available and drive oil prices up even more. There was a reason that the West was okay with India and China buying Russian oil during the Biden admin and the first few months of Trump.
 
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.
When Pakistan wanted to buy they started regime change operation. ....disgusting ... that is the reason PTI and Imran Khan has massive support.
 

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