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US Allows India to Resume Russian Oil Purchases

Filed: Mar 06, 2026 at 2:19 PM ET
Summary: The US eases sanctions, permitting India to buy Russian oil again, raising questions about its commitment to previous agreements.
WHO: US Treasury Secretary Scott Bessent, Indian Prime Minister Narendra Modi
WHAT: Easing of sanctions on Russian oil sales to India
WHEN: Mar 04, 2026 at 7:00 PM ET
WHERE: Location not specified
WHY: To address potential supply issues and alleviate pressure from global oil prices
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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