Without an extension of the waiver, which expires May 16, Indian refiners may have to slash Russian imports from record highs of 2.27 million b/d so far this month.

Without an extension of the waiver, which expires May 16, Indian refiners may have to slash Russian imports from record highs of 2.27 million b/d so far this month.

India Business News: India has reportedly approached the United States to extend its waiver on Russian oil imports as the Strait of Hormuz continues to see disruptions for.