Russian oil sanctions: US extends waiver

• US issues 30-day general licence for Russian energy purchases
• The move includes India and prevents immediate US sanctions
• This follows a recent statement that the waiver would not be renewed

The United States announced that it will issue a fresh 30-day general license allowing countries, including India, to purchase energy from Russia without inviting sanctions from Washington.

The development

comes just two days after Treasury Secretary Scott Bessent said the U.S. would not be renewing the waiver.