Explained: How the US Russian Oil Waiver Could Impact India’s Inflation, Rupee and Import Bill

The United States has issued a temporary 30-day waiver allowing Indian refiners to purchase Russian crude oil already in transit, offering short-term relief to India’s energy supply and import costs amid escalating geopolitical tensions in West Asia.The exemption, which was annou

Read More

  • Related Posts

    RBI Announces Rs 1 Lakh Crore OMO Purchase Of Government Securities

    In a move to manage current liquidity and financial conditions, the Reserve Bank of India (RBI) has decided to conduct OMO purchase auctions of Government of India securities for an aggregate amount of ₹1,00,000 crore.India’s apex bank noted that this will happen through two tran Read More

    India’s Energy Tightrope: Why A 30-Day US Waiver On Russian Oil Isn’t A Total Safety Net?

    Israel-US-Iran War: While the United States has granted India a temporary 30-day waiver to allow Indian refiners to purchase Russian oil, energy intelligence firm Kpler argues that the South Asian nation still remains highly exposed to potential supply disruptions.”The US waiver Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *