The United States has once again changed its stance on Russian oil sanctions, issuing a fresh waiver just days after ruling it out. The move allows countries like India to keep purchasing Russian crude without facing penalties, at least for another month. The decision comes despite earlier signals from Washington that the window would close. The waiver applies to oil loaded before April 17 and remains valid until May 16, but excludes Iranian supplies. For India, the development is significant. Affordable Russian oil has helped manage costs and maintain supply stability during global uncertainty. Indian refiners had already adapted to earlier sanctions but quickly resumed purchases when the waiver was first introduced. Now, the extension reinforces India’s consistent approach—prioritising energy security above shifting geopolitical signals. The US move also reflects its own balancing act between strategic pressure on Russia and the need to stabilise global oil markets.