US issues 30-day waiver allowing Indian refiners to purchase Russian oil amid Iran war
US issues 30-day waiver allowing Indian refiners to purchase Russian oil amid Iran war is drawing significant interest across the industry.
NEW YORK, Mar 6 : Amid the escalating conflict with Iran, the US said it is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil. “President Trump’s energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil,” Treasury Secretary Scott Bessent said on Thursday. […]
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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