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US Extends Russian Oil Sanctions Waiver, Boosts India Fuel Imports

The United States has extended its sanctions waiver on Russian seaborne oil by 30 days, allowing continued imports to key global partners like India. This temporary extension reverses previous plans to let the waiver lapse, aiming to provide flexibility for nations managing critical energy needs. Treasury officials stated the extension ensures that stranded Russian crude and petroleum products can reach markets without violating US sanctions on major Russian oil firms. This marks th

Global News

19 May 2026 07:25 AM 13 views

US Extends Russian Oil Sanctions Waiver, Boosts India Fuel Imports

The United States has extended its sanctions waiver on Russian seaborne oil by 30 days, allowing continued imports to key global partners like India. This temporary extension reverses previous plans to let the waiver lapse, aiming to provide flexibility for nations managing critical energy needs. Treasury officials stated the extension ensures that stranded Russian crude and petroleum products can reach markets without violating US sanctions on major Russian oil firms. This marks th

Global News

Why is the Strait of Hormuz blockade critical? UN warns of global economic impact

Antonio Guterres, Secretary-General of the United Nations, on Monday, April 27, 2026, appealed to the United Nations Security Council to push for the reopening of the Strait of Hormuz, warning that the ongoing bl

Global Conflicts

27 Apr 2026 13:08 PM 1.31k views

Why is the Strait of Hormuz blockade critical? UN warns of global economic impact

Antonio Guterres, Secretary-General of the United Nations, on Monday, April 27, 2026, appealed to the United Nations Security Council to push for the reopening of the Strait of Hormuz, warning that the ongoing bl

Global Conflicts

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

On April 15, US Treasury Secretary Scott Bessent announced that the US will no longer extend the sanctions waivers that allowed several countries to purchase oil from Russia and Iran. These waivers, which were initially intended to ease global oil supply disruptions, are now being revoked. Bessent emphasized that the move to not renew the general licenses on Russian and Iranian oil would lead to penalties for countries still involved in these transactions. He further warned that secondary san

Global News

16 Apr 2026 08:08 AM 227 views

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

On April 15, US Treasury Secretary Scott Bessent announced that the US will no longer extend the sanctions waivers that allowed several countries to purchase oil from Russia and Iran. These waivers, which were initially intended to ease global oil supply disruptions, are now being revoked. Bessent emphasized that the move to not renew the general licenses on Russian and Iranian oil would lead to penalties for countries still involved in these transactions. He further warned that secondary san

Global News

Fire erupts at Australia’s Geelong refinery, crews battle blaze overnight

Emergency crews were deployed early Thursday, April 16, after a significant fire broke out at a major oil refinery in Geelong, Victoria, Australia, raising concerns about fuel infrastructure and industrial safety. Authorities said the incident began at approximately 11:15 PM local time on Wednesday, April 15, 2026, following multiple reports of explosions and visible flames at the Viva Energy refinery, one of the country’s last remaining facilities of its kind. Fire Rescue Victoria

Global News

15 Apr 2026 18:36 PM 209 views

Fire erupts at Australia’s Geelong refinery, crews battle blaze overnight

Emergency crews were deployed early Thursday, April 16, after a significant fire broke out at a major oil refinery in Geelong, Victoria, Australia, raising concerns about fuel infrastructure and industrial safety. Authorities said the incident began at approximately 11:15 PM local time on Wednesday, April 15, 2026, following multiple reports of explosions and visible flames at the Viva Energy refinery, one of the country’s last remaining facilities of its kind. Fire Rescue Victoria

Global News

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US Extends Russian Oil Sanctions Waiver, Boosts India Fuel Imports

US Extends Russian Oil Sanctions Waiver, Boosts India Fuel Imports

Why is the Strait of Hormuz blockade critical? UN warns of global economic impact

Why is the Strait of Hormuz blockade critical? UN warns of global economic impact

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

Fire erupts at Australia’s Geelong refinery, crews battle blaze overnight

Fire erupts at Australia’s Geelong refinery, crews battle blaze overnight

Tech and Gadgets

US names Paul Kapur to lead South Asia desk, signaling tougher stance on Pakistan

Claire’s Announces 18 Store Closures After Bankruptcy Filing

PM Modi Receives Grand Welcome in Brasilia with Shiva Tandava

YCP ex-minister betting Rs 45 crores on TDP?

Amazon shares slide 9% as heavy AI spending plan rattles investors

Zelenskyy says Ukraine expects EU membership by 2027 amid war and security talks

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

Heavy Security at Mangalagiri Police Station as Sajjala Ramakrishna Reddy Interrogated in TDP Attack Case

Houston Food Bank Launches Free Summer Meals for Kids

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Tech and Gadgets

US names Paul Kapur to lead South Asia desk, signaling tougher stance on Pakistan

Claire’s Announces 18 Store Closures After Bankruptcy Filing

PM Modi Receives Grand Welcome in Brasilia with Shiva Tandava

YCP ex-minister betting Rs 45 crores on TDP?

Amazon shares slide 9% as heavy AI spending plan rattles investors

Zelenskyy says Ukraine expects EU membership by 2027 amid war and security talks

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

Heavy Security at Mangalagiri Police Station as Sajjala Ramakrishna Reddy Interrogated in TDP Attack Case

Houston Food Bank Launches Free Summer Meals for Kids

#energysupply

US Extends Russian Oil Sanctions Waiver, Boosts India Fuel Imports

US Extends Russian Oil Sanctions Waiver, Boosts India Fuel Imports

Why is the Strait of Hormuz blockade critical? UN warns of global economic impact

Why is the Strait of Hormuz blockade critical? UN warns of global economic impact

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

US Sanctions Waivers on Russian and Iranian Oil: Impact on India’s Energy Supply

Fire erupts at Australia’s Geelong refinery, crews battle blaze overnight

Fire erupts at Australia’s Geelong refinery, crews battle blaze overnight

Tech and Gadgets

US names Paul Kapur to lead South Asia desk, signaling tougher stance on Pakistan

Claire’s Announces 18 Store Closures After Bankruptcy Filing

PM Modi Receives Grand Welcome in Brasilia with Shiva Tandava

YCP ex-minister betting Rs 45 crores on TDP?

Amazon shares slide 9% as heavy AI spending plan rattles investors

Zelenskyy says Ukraine expects EU membership by 2027 amid war and security talks

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

Heavy Security at Mangalagiri Police Station as Sajjala Ramakrishna Reddy Interrogated in TDP Attack Case

Houston Food Bank Launches Free Summer Meals for Kids

Popular Cities