ReferIndia News US Has Given 'Permission' To India To Accept Russian Oil, Says Treasury Secretary Bessent

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US Has Given 'Permission' To India To Accept Russian Oil, Says Treasury Secretary Bessent

Published on: March 7, 2026, 10:31 a.m. | Source: Daily Excelsior

NEW YORK/WASHINGTON, Mar 7: The US said it has given “permission” to India to buy Russian oil that is on ships already floating on waterways with a view to easing supplies around the world amid the West Asia conflict. “The world is very well supplied in oil. Yesterday, the Treasury (Department) agreed to let our allies in India start buying Russian oil that was already on the water,” US Treasury Secretary Scott Bessent said in an interview to Fox Business […]

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