US gives India 30-day waiver to purchase Russian oil amid Middle East crisis

 The US has granted India a 30-day waiver to continue buying Russian oil, aiming to stabilize global energy markets amid Middle East tensions. This move allows Indian refiners to secure crucial supplies, with Washington anticipating increased future energy imports from the US. The waiver addresses potential disruptions to vital shipping routes like the Strait of Hormuz. The US has granted India a 30-day waiver to continue buying Russian oil, aiming to stabilize global energy markets amid Middle East tensions. This move allows Indian refiners to secure crucial supplies, with Washington anticipating increased future energy imports from the US. The waiver addresses potential disruptions to vital shipping routes like the Strait of Hormuz.