Russian Oil

Russia’s Fuel Buyers Push Back as Trump Gains New Sanctions Powers

by
Image showing Vladimir Putin seated at a desk in a formal Russian government setting, illustrating pressure on Russia’s oil buyers amid new US sanctions powers.

Russia’s Fuel Buyers Push Back as Trump Gains New Sanctions Powers Congress has given President Donald Trump new leverage over Russia’s oil trade through the Lindsey O. Graham Sanctioning Russia Act of 2026. The House passed the bill 262-159 on Wednesday, after the Senate had approved it 86-11 last month. In addition, the measure could … Read more

US Grants 30-Day Waiver for India to Buy Russian Oil

by
The Image shows Scott Bessent, US Treasury Secretary, attending an official meeting as the United States announces a temporary waiver allowing India to purchase Russian oil amid global energy supply concerns.

US Grants 30-Day Waiver for India to Buy Russian Oil The United States has issued a temporary 30-day waiver that allows India to purchase Russian oil cargoes that are currently stranded at sea. This move aims to ease immediate pressure on global energy supplies amid ongoing geopolitical tensions. While announcing the decision, US Treasury Secretary … Read more