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3:59Now PlayingIndia has received a temporary reprieve from the United States as the escalating West Asia conflict shakes global energy markets. Washington granted New Delhi a 30-day waiver allowing continued purchases of Russian crude despite existing restrictions. U.S. Treasury Secretary Scott Bessent confirmed the special licence issued by the Treasury Department. The move comes amid fears that tensions around the Strait of Hormuz could disrupt global oil shipments. With India heavily dependent on imported crude, refiners are rushing to secure additional Russian supplies to stabilise fuel availability during the crisis.
US Allows India To Resume Russian Oil Imports Amid Iran War, Trump's Commerce Secy Confirms Move
#india #russianoil #uswaiver #energysecurity #oilmarkets #westasiawar #iranconflict #globaloil #straitofhormuz #oilprices #indiarusssia #geopolitics #globalenergy #worldnews #breakingnews #energycrisis #oilsupply #crudemarket #indiapolitics #usindiarelations
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