U.S. Quietly Allows Russian Oil Shipments to India, Until April, Under New Treasury License

Описание: A quiet but significant move by the United States may reshape short-term global oil flows. The U.S. Treasury's Office of Foreign Assets Control issues General License 133, allowing the sale, delivery, and offloading of Russian-origin crude oil and petroleum products that were already loaded onto vessels before March 5, 2026, until April 4, 2026.

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The authorization comes with a crucial condition. The shipments must be delivered to ports in India and purchased by entities organized under Indian law. This effectively allows Indian refineries to receive millions of barrels of Russian crude currently stuck in floating storage due to sanctions restrictions. While the decision does not remove sanctions on Russia entirely, it creates a narrow exemption for shipments already in transit. The move ensures that existing supply chains can be completed while maintaining broader sanctions restrictions. For Russia, the exemption helps keep oil revenues flowing. For India, it secures continued access to discounted crude supplies that have become a key part of its energy strategy.

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