India, June 2 -- The United States is looking to end its waiver that has allowed the purchase of Russian oil, US Secretary of State Marco Rubio said on Tuesday.

India is among the key countries that have benefited from the US waiver, as it allowed New Delhi to resume its purchase of Russian oil.

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Rubio, appearing for a US Congress hearing, stated that the current waiver on Russian oil was "time-limited" and established in order to ease the disruption caused by the blockade of the Strait of Hormuz amid the ongoing conflict between the US-Israel and Iran.

"We would like to end it as soon as we possibly can because the underlying policy of this country has been to sanction their oil. These are time-l...