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May 18, 2026
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‘Reduce China’s ability to stockpile discounted oil’: Trump admin extends sanctions waiver on Russian crude - what it means for India

    ‘Reduce China’s ability to stockpile discounted oil’: Trump admin extends sanctions waiver on Russian crude

    43 minutes ago05 mins

    With a sanctions waiver in place, India has in the last two months aggressively stepped up purchases of Russian crude oil. (AI image) In a U-turn on its earlier decision, the Donald Trump administration has extended the sanctions waiver on purchase of Russian crude oil at sea. The move comes two days after the earlier…

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