India had been buying Russian oil even before the United States waived sanctions with respect to the purchases, and it continues to do so, a petroleum ministry official said on Monday.“Regarding the American waiver on Russia, I would like to emphasise that we have been purchasing from Russia earlier… before waiver also, during waiver also, and now also,” Sujata Sharma, the joint secretary in the Union Ministry of Petroleum and Natural Gas, told reporters during a media briefing.India’s decisions on sourcing crude oil are based primarily on commercial viability, added the official.The joint secretary also said that there was no shortage of crude supplies.“Waiver or no waiver, it will not affect our supplies, and all efforts have been taken to that effect,” Sharma told reporters.On March 5, the US granted Indian refiners a 30-day waiver allowing them to buy Russian oil stranded at sea amid the conflict in West Asia. A week later, Washington extended a similar 30-day licence to other countries for Russian crude loaded before March 11. Last month, the waiver was extended till May 16.On Monday, United States Treasury Secretary Scott Bessent said that the United States was again “issuing a temporary 30-day general license” to countries to temporarily access Russian oil currently stranded at sea.“This general license will help stabilise the physical crude market and ensure oil reaches the most energy-vulnerable countries,” Bessent said in a social media post. “It will also help reroute existing supply to countries most in need by reducing China’s ability to stockpile discounted oil.”.@USTreasury is issuing a temporary 30-day general license to provide the most vulnerable nations with the ability to temporarily access Russian oil currently stranded at sea. This extension will provide additional flexibility, and we will work with these nations to provide…— Treasury Secretary Scott Bessent (@SecScottBessent) May 18, 2026
India continues to buy Russian oil regardless of US sanction waivers, says official
The statement came on the same day that the United States extended a temporary waiver allowing countries to access Russian oil currently stranded at sea.










