New Delhi: The decision by the US Treasury Department to grant a 30-day temporary waiver (effective March 5 to April 4, 2026), citing disruptions in global oil supplies due to the Iran-Israel conflict, allowing Indian refiners to purchase stranded Russian crude, has sparked a fierce domestic political debate. While the government frames the move as.
New Delhi: Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Sunday, highlighted India’s long-standing purchases of Venezuelan crude, saying that Indian refineries are capable of processing the heavier oil that Venezuela produces. Speaking to the media in the national capital after the recently concluded India Energy Week 2026, Union Minister Puri said.
Washington, DC: US President Donald Trump on Sunday claimed that Cuba had lived for many years on Venezuelan oil and money but said that this would now stop after the United States launched a strike in Venezuela and captured its President, Nicolas Maduro and his wife, Cilia Flores. In a post on Truth Social, Trump.
US President Donald Trump said interim authorities in Venezuela will hand over between 30 million and 50 million barrels of sanctioned oil to the United States.
