Strait of Hormuz oil shipments

Us India Oil Waiver: ‘Releases the pressure on other refineries’: US says India’s Russian oil waiver is a short-term step to stabilise global prices

[ad_1] The United States has said its decision to grant India a temporary waiver to purchase certain Russian oil supplies is a short-term move aimed at stabilising global crude prices amid supply disruptions linked to tensions in the Middle East.US energy secretary Chris Wright said the measure is intended to quickly bring oil stored in […]

United States Waiver India Russian Oil: ‘To enable oil to keep flowing into global market’: US grants India temporary waiver to buy Russian oil amid Middle East crisis

[ad_1] File photo: Scott Bessent The United States has issued a temporary waiver allowing India to continue purchasing Russian oil, with Washington saying the move is aimed at stabilising global energy supplies during rising tensions in the Middle East.On Friday, US treasury secretary Scott Bessent announced the decision in a post on X, saying the […]