US Will Not Renew Sanctions Waiver Allowing India to Buy Russian Crude Oil
US Declines to Renew Sanctions Waiver for Indian Purchases of Russian Crude Oil: A Temporary Bridge Burned Amid Geopolitical Crosscurrents In a significant policy shift announced on April 15, 2026, US Treasury Secretary Scott Bessent confirmed that Washington will not extend the temporary 30-day general license allowing Indian refiners to import Russian crude oil. The […]