US Grants Temporary Waiver Allowing India to Buy Russian Oil Amid Global Supply Concerns

Oil tankers carrying Russian crude sit offshore as the United States temporarily allows India to purchase stranded shipments to stabilise global energy markets. (Image: AI Generated)

The United States has temporarily allowed India to resume purchases of Russian crude oil that is already stranded at sea, issuing a short-term waiver aimed at stabilizing global energy markets during a period of geopolitical turbulence. The decision comes as international oil supply chains face increasing pressure due to escalating tensions in West Asia and […]