US extends sanction waiver on Russian oil again — How will it impact India?

Apr 18, 2026 - 11:30
US extends sanction waiver on Russian oil again — How will it impact India?

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The US has extended a sanctions waiver on Russian oil purchases, offering temporary relief for countries importing crude. This move allows for continued procurement of Russian oil, particularly beneficial for India which relies heavily on imports and has increased its intake amid Middle East supply pressures. The waiver provides a crucial window for India to secure energy needs.

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