US allows Russian oil sales to tackle rising prices
India has been granted a 30 day waver to buy sanctioned Russian oil to ease supply fears
World Business Report · BBC World Service
March 6, 20268m 56s
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Show Notes
The US treasury secretary, Scott Bessent, says he will grant India a 30-day waiver to buy sanctioned oil from Russia to help ease supply concerns in the global market.
It comes as the Qatari energy minister warns that all energy producers in the Gulf region could shut down exports within weeks.
Plus - we hear from Nepal where votes are being counted in what’s being dubbed the young versus old election.