06/02/2026
๐จ BREAKING: U.S. Wants to End Russian Oil Purchase Waivers โAs Soon As Possibleโ ๐บ๐ธ๐ฎ๐ณ๐ท๐บ
U.S. Secretary of State Marco Rubio says Washington wants to end licenses and exemptions that allow countries, including India, to continue purchasing Russian oil.
โ ๏ธ Rubio stated the U.S. hopes to phase out the arrangement โas soon as possible,โ signaling growing pressure on nations that still import Russian energy.
๐ Why it matters: India has become one of the largest buyers of discounted Russian oil since the Ukraine war began. Any move to restrict those purchases could impact global energy markets, trade relations, and fuel prices worldwide.