Brief by Shorts91 Newsdesk / 07:25pm on 06 Mar 2026,Friday India Global
The United States has asked India to buy stored Russian oil to help stabilise global energy markets as the Middle East war disrupts supplies. US Energy Secretary Chris Wright said the move would shift crude into Indian refineries and reduce pressure on other global refineries, easing rising prices. Oil markets have been rattled by the conflict involving US and Israeli strikes on Iran and threats to the Strait of Hormuz, a vital energy corridor. With Gulf supplies under threat and limited short-term options, Washington sees India as a crucial partner due to its large refining capacity and continued purchases of discounted Russian oil after sanctions on Moscow.
