US Says It Will Not Renew Sanctions Waiver Allowing India To Buy Russian Oil

Thursday, 16 April 2026Newsdesk

The waivers on the purchase of Russian oil had allowed India to secure additional supplies amid global oil disruption. Reports suggest that Indian refiners have placed orders for roughly 30 million barrels of Russian oil during the period.

New Delhi 16 April 2026

As per news report of NDTV,The United States has said it will not renew the waivers that allowed the purchase of some Iranian and Russian oil without facing US sanctions. India was a major beneficiary of the sanctions waivers, as they allowed New Delhi to continue the purchase of Russian oil amid disruptions around the Strait of Hormuz, which left several vessels stranded at sea.

Source - NDTV