US Told Allies Further Oil Sanctions Easing Would Focus on India

The US has indicated to European allies that any further loosening of sanctions on Russian oil would be mostly limited to supplies to India, according to people familiar with the matter.

President Donald Trump suggested on Monday that he could remove “certain oil-related sanctions to reduce prices,” but didn’t offer additional specifics beyond acknowledging he had discussed the topic with Russian President Vladimir Putin in a phone call earlier the same day. The US has already granted a waiver for India to import Russian oil that is at sea.