Tag: India Russian oil

U.S. Treasury to extend sanction waiver on Russian seaborne oil, source says

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U.S. Treasury to extend sanction waiver on Russian seaborne oil, source says

U.S. Treasury Secretary Scott Bessent poses for a photo ahead of a G7 Finance Ministers and central bank governors meeting in Paris, France, May 18, 2026. | Photo Credit: Reuters The U.S. Treasury will extend its ‌sanctions waiver on Russian seaborne oil, which lapsed ​on Saturday (May 16, 2026), after several countries asked for more…

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U.S. won’t hit China with tariffs over Russian oil unless Europe goes first: Treasury chief Bessent

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U.S. won’t hit China with tariffs over Russian oil unless Europe goes first: Treasury chief Bessent

U.S. Treasury Secretary Scott Bessent speaks to the press in Madrid, Spain, on September 15, 2025. | Photo Credit: Reuters U.S. Treasury Secretary Scott Bessent said on Monday (September 15, 2025) the Trump administration would not impose additional tariffs on Chinese goods to halt China’s purchases of Russian oil unless European countries hit China and…

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India will continue to buy Russian oil despite Trump’s threats, government sources tell NYT

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India will continue to buy Russian oil despite Trump’s threats, government sources tell NYT

Representational image of a n Indian Oil fuel station in Sonipat. | Photo Credit: Reuters India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two Government sources told The New York Times, not wishing to be identified due to the sensitivity of the matter. “These are long-term oil contracts,”…

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