The United States has extended its sanctions waiver on Russian oil for a third time, allowing countries to continue purchasing Russian crude already loaded at sea. The move underscores growing concerns about global energy security as disruptions in the Middle East, tensions around the Strait of Hormuz, and shifting trade flows continue to reshape international oil markets.

US signals end to Russian oil sanction waivers, saying move aims to stabilise global supply. India among beneficiaries as decision looms before June 17 deadline.

The United States has extended its sanctions waiver on Russian oil for a third time, allowing countries to continue purchasing Russian crude already loaded at sea. The move…