Trump Reverses Russian Oil Sanctions Waiver Decision In 48 Hours, India Gets Fresh Buying Window
- Posted on April 18, 2026
- By The Times of India
- 10 Views
In brief
The Trump administration reversed its decision on Russian oil sanctions exemptions within 48 hours, creating new market opportunities for India's energy imports. This policy shift impacts global oil trading dynamics and provides Indian refineries with an expanded purchasing window for Russian crude. The rapid reversal signals changing trade strategies affecting energy markets and geopolitical relations between major economies.