The United States has issued a temporary waiver allowing Russian oil cargoes currently stranded at sea to be sold to India, a move aimed at easing pressure on global oil markets amid ongoing geopolitical tensions.
Two senior US officials told Reuters on Thursday that Washington approved a 30-day waiver to allow the shipments to proceed despite existing restrictions tied to sanctions on Russia’s energy sector.
“The United States government has issued a temporary, 30-day waiver to allow for the sale of Russian oil currently stranded at sea to continue to India,” two senior U.S. officials told Reuters.
