India purchase Russian oil

U.S. extends waiver allowing countries to buy Russian oil

April 18, 2026 admin

The extension comes two days after ‌Treasury Secretary Scott Bessent said Washington will not be renewing the waiver that allowed countries to purchase Russian oil without facing ‌U.S. sanctions. File. | Photo Credit: Reuters U.S. President Donald Trump’s administration on Friday (April 17, 2026) ‌issued a waiver allowing countries to buy sanctioned Russian oil and…

World

India buys 2 million bpd Russian oil in August

August 15, 2025 admin

India’s purchase of Russian oil has risen to 2 million barrels per day (bpd) in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as 38% out of an estimated 5.2 million barrels per day of crude oil imported in the first half of August came from Russia, according to…

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