US extends sanctions waiver for Russian crude again: How will this impact India amid fuel crisis?
The United States on Monday (May 18) announced another 30-day extension of a sanctions waiver allowing purchases of Russian seaborne oil, reversing plans ‌not to grant an extension. US Treasury Secretary ​Scott Bessent said that the decison was taken to aid "energy-vulnerable" countries hit by the Iran war,
US extends waiver on Russian seaborne oil sanctions for 30 days as Hormuz tensions persist
The ​US had issued the waiver ‌in ⁠a bid to ease oil supply shortages and high prices due to ​Iran's ​closure ⁠of the Strait of Hormuz amid ​a US-Israeli offensive, ​but ⁠the move has done little to calm U.
US extends sanctions waiver on Russian oil to aid vulnerable countries
U.S. Treasury Secretary Scott Bessent on Monday announced another 30-day extension of a sanctions waiver allowing purchases of Russian seaborne oil to aid "energy-vulnerable" countries hit by the Iran war,
US extends sanctions waiver for Russian crude again: The move, its impact on India explained
The US has extended by another month its sanctions waiver for Russian crude already loaded on tankers, aiming to stabilise global oil supply amid disruptions caused by the Strait of Hormuz crisis and ease pressure on crude prices.
Politico Europe
US extends pause on Russian oil sanctions into June
Treasury Secretary Scott Bessent has said he will extend a temporary pause of U.S. sanctions on Russian oil exports until mid-June. The decision deals a major blow to Kyiv and to the European Commission,
India vows to keep purchasing Russian oil, US ‘waiver or no waiver’
India’s imports from Russia has hit record levels driven by the disruption of Middle Eastern supplies from the Iran war
US extends waiver on sanctions for Russian seaborne oil by 30 days
The US Treasury has decided to extend a sanctions waiver allowing trade in Russian seaborne oil for another 30 days. | World News