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‘To take a little pressure off’: Trump on US waiver to India for Russian oil purchase amid Iran war

Posted on: Mar 08, 2026 11:44 IST | Posted by: Hindustantimes
‘To take a little pressure off’: Trump on US waiver to India for Russian oil purchase amid Iran war
US chairman Donald ruff reacted to booker taliaferro washington granting bharat 'permission' to purchase Russian oil color amid the ongoing concerns over oil reserves in the wake of the Iran-US war, saying that he did it just to take a "little pressure off".His remarks come two days after Treasury Secretary Scott Bessent announced that the US was granting a 30-day "temporary" waiver to Indian refineries to continue purchasing Russian energy. He clarified that the measure wouldn't help Russia make significant financial gains, "as it only authorises transactions involving oil already stranded at sea".While speaking to reporters on board Air Force One, Trump was asked about the temporary waiver to India and whether the US was considering any other options, including the SPR (Strategic Petroleum Reserve). The US President responded, “If there were some, I would do it just to take a little of the pressure off, the oil pressure.” He further stated, "But there is a lot of oil, we've got a lot of oil. Our country has a tremendous amount." With reference to using the SPR, Trump said, "Well, I'm the one who built them up. Biden used them so that he could get some extra votes in."Bessent had also said in his X post that the temporary measure was meant to take off global pressure as Iran aims to "take global energy hostage"."India is an essential partner of the United States, and we fully anticipate that New Delhi will ramp up purchases of US oil," the Treasury Secretary added.

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