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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 136 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

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#indiacrudeoil

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

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US–Israel–Iran War | Trump casts doubt on Iran peace deal, says Tehran must act

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#indiacrudeoil

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

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PM Modi Praises Ram Charan, Upasana & Anil Kamineni for Promoting Archery

Waqf Law Challenged in Supreme Court Over Religion Clause

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