Economic Times · India · USA · Russia ·

US OFAC authorises Russian crude deliveries to India until April 3

→Temporary sanctions window permits specific shipments

Trade & Tariffs Oil & Gas Sanctions
Change
US OFAC authorised delivery of Russian crude loaded before March 5 to India until April 3, 2026.
Why it matters
The licence allows limited shipments within a defined window before sanctions fully resume.
Implications
  • → Refiners must complete transactions before deadline — eligibility expires after April 3
  • → Compliance teams must verify cargo eligibility — errors risk sanctions breaches

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Economic Times
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