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Politics Hindustan Times India Politics • Oct 17, 2026

US Russia Sanctions Waiver Under Graham Act Provides Relief for Indian Energy Security as Refiners De-Risk Supply Chains

💡 Key Takeaways

•Indian oil refiners proactively de-risked their supply chains ahead of continuous regulatory adaptations in global energy markets.
•Following President Donald Trump's September 18 signing of the Lindsey O. Graham Sanctioning Russia and Iran Act (Graham Act), sanctions, restrictions, and duties under the SRIA were waived on October 16 citing national interest.
•Energy experts emphasize that the associated sanctions waiver serves as a temporary relief measure for India's energy security and exporters.

NEW DELHI [NCRBuzz Wire] — ### Supply Chain De-Risking Under New Legislative Framework

**Indian oil refiners have proactively de-risked their crude supply chains in response to evolving legislative frameworks**, following US President Donald Trump's signing of the Lindsey O. Graham Sanctioning Russia and Iran Act (Graham Act) on September 18.

### National Interest Waiver Implementation

**On October 16, US President Donald Trump exercised statutory authorities to waive specific sanctions, restrictions, and duties under the SRIA**, explicitly citing national interest grounds. Energy experts emphasize that this executive action provides vital temporary relief for India's energy security framework and domestic exporters navigating complex international compliance mandates.

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🏛️ Background Context

Global crude markets have experienced continuous regulatory shifts due to geopolitical sanctions targeting major energy exporters, necessitating agile procurement strategies by major importing economies like India under statutory frameworks such as the Graham Act.

💡 Citizen & Commuter Quick Explainer (FAQ)

Q1: What triggered the proactive de-risking by Indian refiners?

Indian refiners de-risked their supply chains ahead of the enactment of the Graham Act signed on September 18.

Q2: How do experts classify the US sanctions waiver?

Energy experts view the sanctions waiver as a temporary relief measure requiring continued strategic portfolio adjustments.

Q3: What is the immediate next step for domestic refiners?

Refiners are reviewing import portfolios and monitoring compliance directives from the Ministry of Petroleum and Natural Gas.

Verified Wires: Hindustan Times India Politics Original Wire Dispatch ↗

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