Bessent: Could sanctions on Russian oil be further eased
The United States is considering easing sanctions on Russian oil, according to a senior Treasury Department official. The official, Geoffrey R. Pyatt, stated that the U.S. is open to discussions on the matter, but emphasized that any decision would depend on Russia's adherence to international sanctions and its commitment to global energy markets. The potential easing of sanctions comes amid concerns about rising global energy prices and the impact of the ongoing conflict in Ukraine on the world economy. However, some lawmakers and energy experts have expressed reservations, citing the need to maintain pressure on Russia and ensure energy security for allies.
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India news: US grants 30-day waiver for Russian oil imports
The US waiver is intended to ease pressures on the country's oil supplies in the short term. Meanwhile, day two of the Raisina Dialogue 2026 has commenced in New Delhi. Follow live.
Read full article →‘We had asked India to stop buying sanctioned Russian oil this fall, they did,’ says U.S. Treasury Secretary Bessent
‘To ease the temporary gap of oil around the world, we have given [India] permission to accept the Russian oil,’ he said
Read full article →'This is humiliation': Congress slams PM Modi's silence over US 'permission' on Russian oil
Congress party has strongly criticized Prime Minister Narendra Modi. The party stated the US gave India 'permission' to buy Russian oil. This move is seen as a humiliation for India. Congress demands an explanation from the Prime Minister. The US Treasury Secretary confirmed the permission to ease global oil supplies.
By TOI NEWS DESK
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