• About us
  • Privacy Policy
  • Disclaimer
  • Contact
Thursday, April 23, 2026
Pragativadi I Latest Odisha News in English I Breaking News
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Lifestyle
  • Tech
  • E-Library
  • Quiz
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Lifestyle
  • Tech
  • E-Library
  • Quiz
No Result
View All Result
Pragativadi I Latest Odisha News in English I Breaking News
No Result
View All Result

Why US ‘allowed’ India to purchase Russian oil despite tariff tensions

Ananya Pattnaik by Ananya Pattnaik
March 11, 2026
in National, Trending Now, World
Reading Time: 5 mins read
0 0
0
Russian Oil
48
VIEWS

The The White House has clarified why the United States has temporarily allowed India to continue purchasing oil from Russia, despite ongoing geopolitical tensions and tariff disputes.


Speaking to reporters on Tuesday, White House press secretary Karoline Leavitt said the decision was taken because India had acted responsibly in earlier sanctions compliance.

“We came to this decision as our allies in India have been good actors and had previously stopped buying sanctioned Russian oil,” she said.


Temporary Approval to Stabilise Global Oil Supply

According to the White House, the decision was approved by Donald Trump and the US Department of the Treasury to address disruptions in global energy markets caused by the ongoing conflict involving Iran, Israel, and the United States.

Leavitt explained that the shipments being allowed were already in transit.

She said the Russian oil heading toward India was “already at sea” and therefore would not provide significant financial benefits to the Russian government.


Treasury Secretary Supports Temporary Waiver

Earlier this month, US Treasury Secretary Scott Bessent confirmed that India would be permitted to buy Russian oil under a temporary waiver.

Speaking to Fox News, Bessent said India had previously complied with US directives to reduce Russian oil purchases.

“Indians have been very good actors. They stopped buying Russian oil when we ordered them. Now we are allowing them to accept Russian oil to create supply,” he said.


Trade Deal Eases Tariff Pressures

The announcement follows a new trade framework between India and the United States that significantly reduced tariffs on Indian goods.

Under the updated arrangement, tariffs imposed on India were lowered from 50 percent to 18 percent. Earlier, India had faced a proposed 25 percent tariff under President Trump’s “Liberation Day” tariff initiative.

The tariffs were later raised to 50 percent after Trump accused India of indirectly supporting Russia–Ukraine War through continued purchases of Russian oil.

While India has not officially committed to completely halting Russian oil imports, New Delhi has emphasised that its energy policies prioritise the needs of its population of more than 1.4 billion people.


West Asia Conflict Triggers Global Oil Crisis

The conflict involving the United States, Israel, and Iran has intensified pressure on global energy supply chains.

Iran recently warned that it could close the Strait of Hormuz, a critical maritime route through which nearly 20 percent of the world’s oil and gas supply passes.

Several major energy exporters rely on this route, including:

  • Saudi Arabia

  • Iraq

  • Kuwait

  • United Arab Emirates

Additionally, Qatar transports most of its liquefied natural gas exports through the same corridor.


India Takes Steps to Secure Domestic Energy Supply

As global supply concerns rise, India has started reviewing measures to manage energy demand.

The Ministry of Petroleum and Natural Gas has asked refineries to increase production of Liquefied Petroleum Gas (LPG) to ensure domestic availability.

Authorities have also formed a grievance redressal committee to address reports of shortages in commercial LPG cylinders across parts of the country.

Officials said domestic consumption will be prioritised while non-essential and commercial LPG use is currently under review.

 

Tags: Donald Trumpgeopolitics energy marketglobal oil supply crisisIndia energy policyIndia Russia oil tradeIran Strait of HormuzRussian oil IndiaUS Treasury DepartmentUS-India relationsWest Asia conflict
Previous Post

Odisha to Launch MSME E-Parks in All 30 Districts

Next Post

Sorab Bedi Breaks Silence on Dating Rumours With Malaika Arora After Viral Party Photos

Ananya Pattnaik

Ananya Pattnaik

Related Posts

Rajasthan Royals Defend 159 to Thrash Lucknow Super Giants by 40 Runs
Sports

Rajasthan Royals Defend 159 to Thrash Lucknow Super Giants by 40 Runs

April 22, 2026
Odisha Cabinet Approves City Gas Distribution Policy to Boost Clean Energy Infrastructure
Odisha

Odisha Cabinet Approves City Gas Distribution Policy to Boost Clean Energy Infrastructure

April 22, 2026
Cabinet Clears Odisha State Data Policy 2.0
Odisha

Cabinet Clears Odisha State Data Policy 2.0

April 22, 2026
Next Post
Sorab Bedi

Sorab Bedi Breaks Silence on Dating Rumours With Malaika Arora After Viral Party Photos

Harish Rana passive euthanasia

Supreme Court Allows First Passive Euthanasia for Ghaziabad Man

Canada offers oil and LNG to India

Canada Offers Oil and LNG to India Amid Gulf Conflict

Follow Us

  • 65.4k Followers

Recommended

Shri Jagannath Museum

Odisha Charts Roadmap for Jagannath Museum, Library and Research Centre in Puri

9 months ago
Textile Ministry Chaupal Programme

Textile Ministry Launches Nationwide Chaupal Programme in New Delhi

4 months ago
Odia Youths Return from Thailand

Four of Six Stranded Odia Youths Safely Return from Thailand

2 months ago
TCS

‘Skill Mismatch, Not AI’: TCS CEO on 12,000 Employee Layoffs

9 months ago

Instagram

Follow Now

Highlights

Odisha Cabinet Approves 8 Proposals from 8 Depts

Odisha Observes Civil Services Day 2026, Reinforces Commitment to Citizen-Centric Governance

On Civil Services Day: H&UD Outlines Reform Roadmap for Citizen-Centric Governance

Odisha Govt Launches Procurement of Pulses, Oilseeds Under PSS 2025‑26

Election Commission Seizes Over Rs 1000 Crore in Tamil Nadu and West Bengal Ahead of Assembly Polls

Lucknow Super Giants Win Toss, to Bowl First Against Rajasthan Royals

Trending

Rajasthan Royals Defend 159 to Thrash Lucknow Super Giants by 40 Runs
Sports

Rajasthan Royals Defend 159 to Thrash Lucknow Super Giants by 40 Runs

by Yajati Rout
April 22, 2026
0

Rajasthan Royals produced a clinical bowling performance to defend a modest total of 159/6 and register a...

Odisha Cabinet Approves City Gas Distribution Policy to Boost Clean Energy Infrastructure

Odisha Cabinet Approves City Gas Distribution Policy to Boost Clean Energy Infrastructure

April 22, 2026
Cabinet Clears Odisha State Data Policy 2.0

Cabinet Clears Odisha State Data Policy 2.0

April 22, 2026
Odisha Cabinet Approves 8 Proposals from 8 Depts

Odisha Cabinet Approves 8 Proposals from 8 Depts

April 22, 2026
Civil services day

Odisha Observes Civil Services Day 2026, Reinforces Commitment to Citizen-Centric Governance

April 22, 2026
Facebook Twitter Youtube RSS

ABOUT US

News, as it should be covered, has been the forte of Pragativadi over the years. And this has ensured a classy readership encompassing the who’s who of the state. The people who matter in Odisha, depend on Pragativadi. For opinion leaders, decision makers and people with surplus disposable income Pragativadi is a must.

Follow us on social media:

E-Library

Chayanika

Chayanika

by Yajati Rout
December 16, 2025
0

Unmesha

Unmesha

by Yajati Rout
December 16, 2025
0

© 2025 Pragativadi

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • Crime
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Tech
  • E-Library
  • Photos
  • Quiz

© 2025 Pragativadi