The Trump administration let a waiver for Russian oil sales expire. This happened even as the Iran war caused worries about global oil supplies and rising fuel costs. The move ended a short period of eased sanctions on some Russian oil. Countries like India and Indonesia had asked for extensions due to market tightness.

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…