US and India Collaborate to Steady Global Oil Markets Amid West Asia Tensions

The United States has praised India's pivotal role in stabilizing global oil prices. Ambassador Sergio Gor emphasized India's collaboration in ensuring market stability. The US acknowledges India's ongoing Russian oil purchases as part of this effort, essential for both nations' economic stability.

In a media briefing, White House Press Secretary Karoline Leavitt confirmed the US's temporary allowance for India's Russian oil imports amid West Asia's energy disruptions. She stated this measure is a short-term solution recognizing India's constructive role in past sanctions compliance, with minimal financial benefit to Russia.

Amid rising tensions, President Donald Trump warned Iran against obstructing the Strait of Hormuz with mines, threatening severe military repercussions. These developments occur as Iranian missile and drone attacks target US installations in neighboring Gulf nations, escalating the regional conflict.