US Grants 30-Day Waiver for Russian Crude Shipments to India
The US Treasury has issued a narrowly targeted, 30-day sanctions waiver, permitting Indian refiners to accept Russian-origin crude and petroleum cargoes already loaded onto tankers. This move aims to help fill the supply gap created by the ongoing conflict involving Iran and the US/Israeli coalition, which has led to hundreds of tankers being immobilized in the Middle East. The waiver...