06
Mar
US Grants India 30-Day Russian Oil Waiver Amid West Asia War and Supply Volatility NEW DELHI / WASHINGTON — In a move reflecting the desperate state of global energy security, the United States has officially granted India a 30-day "limited waiver" to finalize the purchase and delivery of Russian crude oil. The decision comes as the conflict between the US-Israel coalition and Iran enters a critical phase, effectively choking the world’s most vital maritime energy artery. The 30-Day "Stop-Gap" Waiver The US Treasury Department’s Office of Foreign Assets Control (OFAC) issued the license late Thursday, authorizing transactions involving Russian Federation…



















