00:00A massive diplomatic breakthrough, the U.S. has just granted India a 30-day waiver to purchase
00:05Russian oil. Even as global energy markets face a total meltdown, U.S. Treasury Secretary Scott
00:12Besant announced the emergency measure to keep global oil flowing. The waiver applies to millions
00:18of barrels of Russian crude loaded before March 5th that were literally stranded at sea. With
00:24the Strait of Hormuz blocked due to the Iran war, India's energy security was at risk. Washington
00:30is calling this a stopgap move to prevent a global price explosion, while pressuring India
00:36to buy more American oil, but the move has sparked a political firestorm in. Delhi, opposition
00:42leaders are questioning if India needs permission from Washington to secure its own energy, while
00:48the markets are hailing it as a masterstroke for the rupee. Is this a win for Indian diplomacy?
00:54or a sign of increasing U.S. influence? What do you think about this 30-day window?
01:00Drop your comments below and follow for live updates on the global energy war.
