Categories: BUSINESS

‘Allowing India to take Russian oil already on ships’: US clarifies on 30-day waiver

The US has granted India a temporary waiver to buy Russian oil, aiming to stabilize global prices amid Middle East supply disruptions. This short-term measure allows India to access millions of barrels of Russian crude currently at sea, easing immediate pressure on refineries worldwide.
Sumitra

Share
Published by
Sumitra
5 months ago

Recent Posts

Cyber frauds shift to on-call scams, mule networks

21 hours ago

BNP to take bancassurance route for insurance re-entry

BNP Paribas Cardif is acquiring a significant stake in IndiaFirst Life Insurance. This strategic investment…

21 hours ago

Energy security in focus: What India’s crude oil, LPG and LNG strategic reserves strategy should look like

Once completed, the total strategic petroleum reserves capacity will increase to 11.88 MMT, enabling India…

2 days ago

HCLTech to set up Rs 14.3k cr AI data centre in Odisha

2 days ago

Setback for Trump: US appeals court refuses to revive $100,000 H-1B visa fee

A federal appeals court refused to lift a ruling blocking a $100,000 H-1B visa fee.…

3 days ago

Trump slaps 10% tariff on India, no major impact seen

'Not credible', P 19

3 days ago