India buys 30 million barrels of Russian oil after US ‘waiver’ – Bloomberg

Government

New Delhi had been reducing its purchases from Moscow and replacing them with supplies from Saudi Arabia and Iraq India has purchased 30 million barrels of oil from Russia following a US sanctions waiver, Bloomberg has reported. The US granted India a 30-day waiver to purchase oil from Russia last week, aimed at ensuring stability in the global oil market following the US-Israeli attack on Iran. New Delhi had been gradually reducing its purchases of Russian oil since last year. It was procuring