India , USA , Russia · Trade & Tariffs , Oil & Gas , Sanctions

US OFAC authorizes Russian crude deliveries to India through April 3, 2026

Creates a 30-day exemption from US sanctions for Russian-origin crude loaded on specified vessels by March 5, 2026, allowing those cargoes to be delivered and sold in India until end of day April 3, 2026.

Economic Times ·
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US OFAC issued a Russia-related licence authorising delivery and sale of crude oil of Russian Federation origin loaded on vessels as of March 5, 2026 to Indian refiners, with the authorisation valid through the end of April 3, 2026.
Why it matters
The licence created a short, compliance-bound window permitting tankers already loaded to offload Russian-origin cargoes into Indian refineries without usual enforcement constraints. Once the authorisation expired, routine US sanctions and export controls resumed, removing that temporary legal pathway for additional shipments.
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