Scott Bessent noted that the US gave India permission to accept the Russian oil

‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipments

Scott Bessent also added that the US anticipated that New Delhi will ramp up its purchases of US oil

Treasury Secretary Scott Bessent gives India a 30-day waiver to buy Russian crude as a "stop gap measure".

Scott Bessent noted that the US gave India permission to accept the Russian oil

Kirill Dmitriev emphasized that Western sanctions have proven detrimental to the world economy

Washington says new measures not aimed at easing restrictions on Moscow and only affect supplies already in transit