Democrats seek reversal of waiver on India’s Russian oil imports

Lawmakers say the exemption could allow Russia to profit from oil previously restricted under U.S. sanctions.

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. / REUTERS/Alexander Manzyuk/

Two democrats demanded that the Treasury Department reverse a decision allowing Indian refiners to temporarily purchase Russian oil.

In a March 9 letter to Treasury Secretary Scott Bessent, Representative Sam T. Liccardo and Senator Ruben Gallego said the Trump administration’s decision to grant a 30-day waiver on Russian oil imports to India was “dangerous, self-defeating, and indefensible.”

Also Read: U.S. reached out to India to buy Russian oil to ease pressure on global oil markets: Wright

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