US ends waiver on India discounted purchases of Russian oilPublished on: April 17, 2026 12:45 PM
WASHINGTON, April 17 -- The United States (US) has announced the termination of a waiver previously granted to India that allowed discounted purchases of Russian crude oil, marking a shift in Washington's approach to energy-related sanctions.
Read More: US approval for Russian oil sparks outrage from Indian opposition
According to reports cited by an Indian publication, Indian rokefineries had placed orders for nearly 30 million barrels of Russian oil during the period when the exemption was in place. The waiver had temporarily eased restrictions on trade involving Russia, enabling India to continue sourcing discounted crude amid global supply fluctuations.
However, officials from the US Treasury stated that the exemption period for de...
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