India’s 30-day Russian oil waiver tied to US crude demands
India received some welcome news last week about its energy supply: it had been granted permission, by the United States, to take delivery of oil it had already bought.
The tankers were already at sea – Russian crude, loaded and paid for, stranded in limbo by the disruptions sweeping out of the war on Iran.
They needed a waiver, which US Treasury Secretary Scott Bessent announced on Thursday: a 30-day exemption allowing Indian refiners to receive the cargoes before American sanctions...
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