The waiver, which allowed purchases of Russian oil stranded at sea, has expired as of 12:01 a.m. Eastern Daylight Time on May 16.

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…

The United States has not issued an order extending authorisation to buy Russian oil after the sanctions exemption expired on 16 May.