Iran-US War: The Real Reason Trump Is Letting India Buy Russian Oil Again
The White House allowed India to buy Russian oil temporarily to ease supply gaps amid Middle East conflict, with officials stating this move avoids aiding Moscow financially.
- On Tuesday, the White House permitted India to temporarily purchase Russian oil to address disruptions to global energy supplies after consultations with President Donald Trump, Treasury Secretary Scott Bessent and the national security team.
- With about 20% of global oil transiting the Strait of Hormuz, supply flows have been hit as of March 10, 2026, with Iranian retaliatory strikes targeting U.S. bases and regional infrastructure.
- The Treasury Department issued a 30-day waiver allowing Indian refiners to buy Russian oil already at sea, with Leavitt saying 'This Russian oil was already at sea, it was already out in the waters-- so this short term measure, we don't believe it will provide significant financial benefit to the Russian government at this time'.
- Allowing India to refine stranded cargoes pulls stored supply into refineries, easing price spikes, Bessent said, expecting New Delhi to ramp up purchases of US oil.
- Despite last month's tariffs removal, officials insist this is a temporary measure and does not alter U.S. policy toward Russia, with the waiver being very brief, authorities said.
15 Articles
15 Articles
US sanctions against Russian oil remain in force and have not yet been announced, but India has been temporarily allowed to buy oil from Russia.
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