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US grants waiver to allow India to buy Russian oil amid Iran war

06.03.2026 03:09 | The Guardian World

‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipmentsThe US treasury issued a 30-day waiver on Thursday allowing India to buy Russian oil currently stuck at sea.“To enable oil to keep flowing into the global market, the treasury department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil,” treasury secretary Scott Bessent said in a statement posted to social media. Continue reading...

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