Top News

Sujata Sharma says fuel supplies steady despite US waiver end
NewsBytes | May 19, 2026 12:39 AM CST

Waiver expiry may complicate India's imports

India had boosted its Russian oil imports while the US waiver was active, but now that window has closed.
With possible new restrictions and shipping delays at the key Strait of Hormuz, getting enough oil could get trickier, and that might mean higher prices or inflation down the road since India relies so much on imports for its energy needs.


READ NEXT
Cancel OK