No More Russian Oil Waiver: What The US Decision Means For India's Energy Needs Amid West Asia Crisis

The US will not renew a temporary sanctions waiver that allowed India to import Russian oil already in transit. The move removes a key buffer that helped India access discounted crude without immediate penalties. With Russian oil making up a significant share of imports in recent years, the decision could raise costs, complicate transactions, and test India’s geopolitical balancing. Shreya Chandra has more