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US Waives Russian Oil Sanctions, Big Relief To India

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Trump Waives Restrictions

US President Donald Trump has waived key sanctions and tariffs linked to Russian oil and gas, easing pressure on countries buying Russian energy.

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100% Tariff Threat Paused

The move pauses proposed tariffs of up to 100% on goods from major buyers of Russian oil and gas, including India and China.

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Relief For India

The decision gives India more freedom to buy Russian crude without this immediate tariff threat.

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India’s Oil Supply In Focus

India relies heavily on imported oil, with Russia being a major supplier. The waiver gives India more room to secure affordable energy.