Washington: As tensions intensify across West Asia and disrupt global energy flows, the United States has allowed a temporary window for Indian refiners to continue purchasing Russian crude. Washington announced a 30-day waiver intended to stabilise oil supplies at a time when geopolitical conflict is straining the international energy market.
US Energy Secretary Scott Bessent confirmed the move on Friday, describing India as a key strategic partner whose energy needs must be considered during the unfolding crisis. According to him, the decision forms part of the broader US effort to keep global oil markets functioning smoothly despite supply disruptions linked to the regional conflict.
Bessent emphasised that the waiver is strictly limited in duration and scope. The authorisation applies only to cargoes of Russian oil that are already stranded at sea, meaning the measure is not expected to significantly boost Moscow’s revenues. The Treasury Department approved the exemption as a short-term step designed to prevent additional strain on global supply chains.
The announcement comes as hostilities and political tensions in West Asia threaten to tighten oil availability worldwide, raising concerns about price volatility and supply shortages. By permitting these limited transactions, Washington aims to maintain steady market flows while broader diplomatic and economic strategies continue to unfold.
US officials also signalled that they expect India to increase imports of American crude in the near future. Bessent noted that US energy output has reached record highs under the current administration, creating the capacity to supply allies and partners.
Calling the waiver a temporary safeguard, the US trade leadership said the measure would help cushion the market from the shock caused by attempts by Iran to disrupt global energy flows. Officials added that cooperation with New Delhi remains central to Washington’s strategy for ensuring stable energy supplies during the ongoing crisis.
Energy analysts say the decision reflects the delicate balancing act facing governments as geopolitical tensions collide with the realities of global energy demand. With markets already on edge, even short-term policy adjustments such as this waiver can play a significant role in keeping supplies moving and preventing further instability.
