New Delhi, April 17 -- India will continue to buy crude oil and cooking gas (liquefied petroleum gas or LPG) from Russia, even after the US's one-month waiver of sanctions on such imports has expired, according to two people aware of the development.
In early March, the US briefly waived sanctions on Russian oil and petroleum products that were already in transit, amid concerns over global supply disruptions linked to the West Asia war. The waiver will not be extended, US treasury secretary Scott Bessent said on Wednesday.
The first person cited above said waiver on sanctions is the US's prerogative, and India's imports would not depend on it. "Efforts are on for further LPG purchases from Russia. Also, import of both crude and LPG is l...
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