U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office of the White House on Feb. 13, 2025. Andrew Harnik/Getty Images
The United States has granted India a 30-day waiver to continue purchasing Russian crude oil, according to a Treasury Department notice issued on March 5.
The short-term measure will not offer a “significant financial benefit” to Moscow, as the license only “authorizes transactions involving oil already standardized at sea.”
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