US Grants India Waiver for Russian Oil Amidst Global Tensions

Amid rising global tensions and the West Asia conflict, the US has granted India permission to purchase Russian oil currently aboard ships in international waterways, aiming to alleviate oil supply pressures worldwide. This decision comes after recent US criticisms of India's Russian oil imports.

Congress criticized the Modi government, labeling it as 'cowardly' for what they perceive as capitulating to US demands. US Treasury Secretary Scott Bessent confirmed this waiver, describing it as a measure to bridge global oil supply gaps, without redefining India's independent oil policy stance.

While BJP hails the move as a win for Prime Minister Modi's strategic diplomacy, critics argue it highlights increased US influence over India's energy decisions. The waiver showcases the complex geopolitical landscape surrounding global energy markets.