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US issues 30-day waiver to allow sale of already loaded Russian oil to India

The US Treasury Department on March 5 issued a 30-day waiver to allow the sale and delivery of sanctioned Russian oil that has already been loaded on vessels to India, a move that could prevent a near‑term supply disruption stemming from geopolitical tensions in the Middle East. “To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver toThe US Treasury Department on March 5 issued a 30-day waiver to allow the sale and delivery of sanctioned Russian oil that has already been loaded on vessels to India, a move that could prevent a near‑term supply disruption stemming from geopolitical tensions in the Middle East. “To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver toRead More

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