Asian Nations Push US to Extend Sanctions Waiver on Russian Oil

Several Asian countries are pushing the US Treasury Department to renew a sanctions waiver allowing them to purchase Russian crude, according to people familiar with the matter.

India and the Philippines are among countries urging the US to renew the sanctions reprieve on Russian oil that is already loaded on tankers, said the people, who asked not to be identified to discuss private conversations. The current 30-day waiver is set to expire on April 11.