US Oil Waiver Offers Limited Relief to India Amid Supply Concerns

Brief By NDTV News / 5:16 PM on 09 Mar 2026

A temporary US waiver allowing India to purchase Russian oil stranded at sea may provide only short-term relief during the ongoing Middle East supply crisis. Reports suggest India can buy about 32 million barrels under the waiver. However, analysts say the quantity would meet the country’s demand for merely four days, offering limited energy security benefits.