The situation became more complicated after a temporary US Treasury waiver expired on June 17, 2026. The waiver had allowed India's purchase of Russian crude without attracting sanctions. Its expiry has left India's in a legal grey zone.
Trump Backs Russia Sanctions Bill Posing 500% Tariff Threat To India: Report
The situation became more complicated after a temporary US Treasury waiver expired on June 17, 2026. The waiver had allowed India's purchase of Russian crude without attracting sanctions. Its expiry has left India's in a legal grey zone.
Published: 14 July 2026
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