Source: CNBC
“Congressional Democrats are demanding that the Trump administration immediately reverse a sanctions waiver allowing Indian refiners to purchase Russian oil as the Iran war wreaks havoc on global energy markets. ‘Your recent decision to provide a 30-day waiver is dangerous, self-defeating, and indefensible,’ Rep. Sam Liccardo, D-Calif., and Sen. Ruben Gallego, D-Ariz., wrote in a letter Monday to Treasury Secretary Scott Bessent, which was shared exclusively with CNBC. ‘This waiver constitutes an inexplicable act of material benefit to the enemy.’ The Treasury Department last week issued a temporary 30-day sanctions carve-out to allow India to buy Russian oil, an effort to ease skyrocketing oil prices caused by the war and the traffic standstill at the Strait of Hormuz.” [editor’s note: In what universe is it Liccardo’s, Gallego’s, or the US government’s business where Indian customers get their oil from? – TLK] (03/09/26)
https://www.cnbc.com/2026/03/09/bessent-russian-oil-sales-india.html