U.S. Grants Temporary Waiver for Russian Oil Sale to India Amid Market Pressure

The United States has issued a 30-day temporary waiver allowing the sale of Russian oil currently stranded at sea to India, aiming to alleviate pressure on the global oil market. According to Jin10, two senior American officials confirmed the decision, which seeks to address the ongoing challenges in the energy sector. The move comes as part of broader efforts to stabilize oil prices and ensure supply chain continuity amid geopolitical tensions. The waiver is expected to provide short-term relief to the market, while discussions continue on long-term solutions.