U.S. issues 30-day waiver to allow India to purchase Russian oil amid West Asian supply woes

October 29, 2026
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U.S. issues 30-day waiver to allow India to purchase Russian oil amid West Asian supply woes

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Mar 6, 2026
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Scott Bessent said the move aims to enable oil to keep flowing into the global market amid the war in West Asia that has disrupted oil supply

The U.S. Treasury Department on Friday (March 6, 2026) issued a “ temporary 30-day waiver to allow Indian refiners to purchase Russian oil”, according to U.S. Treasury Secretary Scott Bessent.

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