{"id":1667829,"date":"2026-03-07T02:45:00","date_gmt":"2026-03-07T07:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1667829"},"modified":"2026-03-07T02:45:00","modified_gmt":"2026-03-07T07:45:00","slug":"whyd-the-us-temporarily-waive-sanctions-on-indias-purchase-of-russian-oil","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/whyd-the-us-temporarily-waive-sanctions-on-indias-purchase-of-russian-oil\/1667829\/","title":{"rendered":"Why’d The US Temporarily Waive Sanctions On India’s Purchase Of Russian Oil?"},"content":{"rendered":"

Why’d The US Temporarily Waive Sanctions On India’s Purchase Of Russian Oil?<\/span><\/p>\n

\n

Authored by Andrew Korybko,<\/em><\/a><\/p>\n

The \u201cpolitically inconvenient\u201d truth is that the US is unilaterally reshaping the world order in a bid to restore unipolarity, and regardless of one\u2019s opinion about this, it\u2019s objectively achieved some tangible progress as of late.<\/strong><\/p>\n

<\/a><\/strong><\/p>\n

Treasury Secretary Scott Bennett\u00a0announced<\/a>\u00a0that Indian refiners had just been provided with a\u00a030-day waiver<\/a>\u00a0to purchase Russian oil, but only if it\u2019s that which is already stranded at sea, thus ensuring \u201cno significant financial benefit to the Russian government\u201d. The stated purpose is \u201cTo enable oil to keep flowing into the global market\u201d due to disruptions around the Strait of Hormuz caused by the\u00a0Third Gulf War<\/a>, <\/strong>which the US initiated as part of its grand strategy against China as explained\u00a0here<\/a>.<\/p>\n

Depriving China of the\u00a013.4%<\/a>\u00a0of its oil imports that it received from Iran last year is designed to give the US enormous leverage ahead of Trump\u2019s upcoming trip<\/strong> at month\u2019s end with the hope of then coercing the People\u2019s Republic into agreeing to a lopsided trade deal for derailing its superpower rise. It\u2019s beyond the scope of this analysis to critique that strategy, but the point in referencing it is to draw attention to how India could have suffered collateral damage had the US not temporarily waived its sanctions.<\/p>\n

After all, Trump\u00a0threatened<\/a>\u00a0last month to reimpose his punitive 25% tariffs on India for these purchases<\/strong> if they\u2019re resumed after claiming that Modi agreed to zero them out as part of the\u00a0Indo-US trade deal<\/a>, which India denied. Nevertheless, India did indeed reduce its imports under what top Russian expert Fyodor Lukyanov described as \u201cUS pressure\u201d, though he also clarified that this doesn\u2019t mean that India isn\u2019t a sovereign state despite the US unofficially exerting influence over its energy security.<\/p>\n

In his words<\/a>, \u201cIndia\u2019s understanding (of sovereignty), like that of many other states, is different (than Russia\u2019s). Sovereignty does not necessarily mean refusing to bend under pressure; it means finding ways to realize one\u2019s interests under less-than-ideal conditions\u2026This is the practical reality of what is often called a multipolar world\u2026look after your own first.\u201d<\/p>\n

This insight frames the rest of Bennett\u2019s announcement about how \u201cwe fully anticipate that New Delhi will ramp up purchases of U.S. oil\u201d.<\/strong><\/p>\n

Trump 2.0 weaponized tariffs to re-engineer India\u2019s energy ties in order to place more long-term financial pressure on Russia while reaping more profits for US companies. Even though the Supreme Court ruled that some of its tariffs were unconstitutional, it was explained\u00a0here<\/a>\u00a0how that only slightly complicates Trump 2.0\u2019s foreign policy, while this analysis\u00a0here<\/a>\u00a0argued that India is unlikely to defy Trump on Russian oil. Simply put, it doesn\u2019t want to face Trump\u2019s wrath no matter what form it takes, which is reasonable.<\/p>\n

Be that as it may, it would be inaccurate to describe India as a US vassal in spite of the newfound influence that the US now wields over its energy security since \u201cIndia\u2019s New Multi-Alignment Trend Prioritizes Middle Powers For Tri-Multipolarity Purposes<\/a>\u201d. In simple English, India\u2019s partnerships with similarly positioned countries in the emerging world order are aimed at collectively balancing the influence of the American and Chinese superpowers therein, thus preserving some of their sovereignty.<\/p>\n

The \u201cpolitically inconvenient\u201d truth is that the US is\u00a0unilaterally reshaping the world order<\/a>\u00a0in a bid to restore unipolarity, and regardless of one\u2019s opinion about this, it\u2019s objectively achieved some tangible progress as of late. <\/strong>The new world order that it envisages has India playing a prominent geo-economic and geopolitical role, especially vis-\u00e0-vis China, ergo why it temporarily waived the sanctions on Russian oil purchases in order to avoid India sliding into turmoil and possibly offsetting this scenario if it didn\u2019t.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nFri, 03\/06\/2026 – 21:45<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/geopolitical\/whyd-us-temporarily-waive-sanctions-indias-purchase-russian-oil<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Why’d The US Temporarily Waive Sanctions On India’s Purchase Of Russian Oil? Authored by Andrew Korybko, The \u201cpolitically inconvenient\u201d truth is that the US is…<\/p>\n","protected":false},"author":0,"featured_media":1667830,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1667829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1667829"}],"version-history":[{"count":1,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667829\/revisions"}],"predecessor-version":[{"id":1667848,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667829\/revisions\/1667848"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1667830"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1667829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1667829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1667829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}