India is urging the United States to extend a sanctions waiver allowing purchases of Russian oil already loaded onto tankers as Indian imports of Russian crude climb to record highs.

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.

India is urging the United States to extend a sanctions waiver allowing purchases of Russian oil already loaded onto tankers as Indian imports of Russian crude climb to record…