<!–[if IE 9]><![endif]–>![U.S. Treasury Secretary Scott Bessent speaks with reporters in the James Brady Press Briefing Room at the White House on April 15, 2026, in Washington.]( "U.S. Treasury Secretary Scott Bessent speaks with reporters in the James Brady Press Briefing Room at the White House on April 15, 2026, in Washington.")
U.S. Treasury Secretary Scott Bessent speaks with reporters in the James Brady Press Briefing Room at the White House on April 15, 2026, in Washington.
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A day after U.S. denied extending the duration of waivers for procurement of Russian and Iranian crude, officials following the development informed the Indian government is in “wait and watch” mode given the frequent changes in United States’ policies.
The U.S.’ Dept of Treasury in March 12 and March 20 this year had extended waivers on purchase of oil from the two countries amidst the impact on oil supplies globally because of the escalating tensions in West Asia, especially at the crucial energy route Strait of Hormuz.
Published – April 16, 2026 10:40 am IST
