US Calls India Its “Most Compliant” Partner, Allows Temporary Purchase of Russian Oil

Washington / New Delhi: The United States has temporarily allowed India to purchase Russian oil in order to maintain global supply, but this exemption applies only to oil already loaded on ships at sea.

U.S. Treasury Secretary Scott Bassett said in an interview that India has proven to be Washington’s most compliant partner, following instructions precisely. Earlier this year, India reduced its Russian oil purchases and planned to replace them with American crude. However, due to tensions in the Middle East and global supply pressures, the U.S. has granted India this temporary waiver.

Bassett noted that millions of barrels of Russian crude are currently at sea, and allowing their sale could immediately increase global supply and help stabilize prices.

U.S. Energy Secretary Chris Wright added that India has been permitted to buy Russian oil near South Asia and process it in its refineries to quickly boost supply in the international market.

American officials said the decision is largely in response to tensions near the Strait of Hormuz and potential disruptions to oil supply from Iran.

The temporary waiver, issued under former President Donald Trump’s administration, allows India to receive and sell Russian oil loaded on ships until March 5, 2026. Officials emphasized that the move is temporary and does not provide significant financial benefit to Russia, as it only covers pre-existing stocks.

Previously, President Trump had imposed a 25% additional tariff on Russian oil imports by India, which was later lifted after a bilateral trade framework was agreed upon.