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India’s 30-day Russian oil waiver comes with a steep US price tag

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Limited Scope: The waiver specifically covers Russian crude oil and petroleum products already loaded onto ships as of March 5, aimed at avoiding a sudden supply shock rather than allowing a long-term, unrestricted continuation of imports.
Operational Constraints: Indian refiners are seeking legal advice on how to handle the sanctioned oil under the terms of the waiver, highlighting the continued complexity of navigating US sanctions.

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Latest + Breaking News: Headline Clips | South China Morning Post

India’s 30-day Russian oil waiver comes with a steep US price tag

Washington has granted New Delhi a brief waiver for stranded Russian crude – but expects it to ramp up American oil purchases in return.

Seymour Hersh accuses US of 'cover up' over Nord Stream sabotage

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‘Given the situation [in the Middle East], the visit’s security arrangements must be extremely careful’.

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