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U.S. Russian Oil Waiver May Not Extend Beyond May 16; India Refiners Face Potential Crude Import Cuts

2026-05-13 09:27:54

According to Jin10, on May 13, the U.S. waiver allowing countries including India to purchase Russian crude oil may not be extended beyond May 16, potentially forcing Indian refiners to reduce imports. According to Kpler data, India's Russian oil imports have reached a record 2.3 million barrels per day in May. If no new Russian oil shipments arrive, overall monthly imports could fall to 1.9 million barrels daily.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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