Washington DC, March 7 -- Scott Bessent, the US Treasury Secretary, yet again said that the United States has given India the "permission" to accept Russian oil in the wake of the developing security situation in West Asia.

In an interview with Fox Business, Bessent said, "The Indians have been very good actors. We had asked them to stop buying sanctioned Russian oil this fall. They did. They were going to substitute it with US oil. But to ease the temporary gap of oil around the world, we have given them permission to accept Russian oil. We may un-sanction other Russian oil."

Bessent had made similar remarks earlier also.

With the crisis in the Gulf severely hampering shipping routes that pass through the Strait of Hormuz, the United ...