"To ease the temporary gap of oil around the world, we have given them permission to accept the Russian oil. We may unsanction other Russian oil," US Treasury Secretary Scott Bessent told Fox News.
The easing of sanctions on India represented a major policy shift. When President Trump and Indian Prime Minister Narendra Modi announced a trade agreement last month, a major component of the deal was India agreeing to stop purchasing Russian oil. Trump had repeatedly criticized India's purchases from Moscow.
