NEW DELHI: As benchmark Brent crude touched $111 a barrel due to supply crunch, making global markets nervous, US administration on Monday extended the sanctions waiver allowing countries to buy Russian seaborne crude.

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…

The Trump administration has ended its short-lived sanctions waivers for Russian oil, rejecting appeals from major importers like India to keep the exemptions active amid the…

India's oil refiners are prepared for changes in Russian crude supply. Weaker domestic demand and available oil from the US and Middle East offer alternatives. China's reduced…

Making its energy security mandate clear, India has said that it is buying crude oil from Russia irrespective of a sanctions waiver by the US. The statement from Sujata Sharma,…

The expiry of a US waiver for Russian oil purchases may tighten the availability of medium, sour grades for India, senior refining officials say.

India holds 60 days of crude reserves and has multiple supply alternatives as the U.S. Russia sanctions waiver expires, officials say.

The Donald Trump administration may have allowed the sanctions waiver on Russian crude to expire on May 16, but India has made it clear that it will continue to procure oil from…

India will persist in buying Russian crude oil despite US sanctions, prioritizing energy security and commercial viability.

India's oil refiners are poised to manage supply disruptions post-Russian oil waiver expiration, thanks to alternative sources and reduced demand.

The US Treasury will extend its sanctions waiver on Russian seaborne oil, which lapsed on Saturday, after several countries asked for more time to buy it,

In a U-turn on its earlier decision, the Donald Trump administration has extended the sanctions waiver on purchase of Russian crude oil at sea. The move comes two days after the…

Washington has extended its sanctions waiver for Russian oil cargoes at sea by 30 days. This move aims to help vulnerable nations access Russian oil amidst surging global energy…

The US Treasury extended a sanctions waiver allowing temporary access to Russian seaborne oil.

NEW DELHI: As benchmark Brent crude touched $111 a barrel due to supply crunch, making global markets nervous, US administration on Monday extended the sanctions waiver allowing…

Democratic senators called extension ‘indefensible gift’ to Vladimir Putin as supply concerns keep Brent oil above $110 per barrel

US sanctions restrict Russian oil trade but a temporary waiver allows crude already in transit to be delivered to avoid global supply disruptions. | India News

The statement came on the same day that the United States extended a temporary waiver allowing countries to access Russian oil currently stranded at sea.

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleRussia's President Vladimir Putin (R) speaks…

With Washington issuing a third 30-day waiver for Russian crude cargoes at sea, India signals continuity in import strategy while ramping up purchases from Venezuela and other…