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US extends sanctions waiver on Russian oil to aid vulnerable countries

May 19, 2026

Washington [US], May 19: US Treasury Secretary Scott Bessent on Monday announced another 30-day extension of a sanctions waiver allowing purchases of Russian seaborne oil to aid "energy-vulnerable" countries, Reuters reported.
Bessent said in a posting on X that the Treasury was issuing the 30-day general licence after a previous waiver lapsed on Saturday. This will allow temporary access to Russian oil and petroleum products stranded on tankers without violating severe US sanctions on Russian oil majors, he said.
Source: Emirates News Agency

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Discovery spotlights the manufacturing journey of SERVO Lubricants by IndianOil in The Power Behind Progress

New Delhi [India], September 11: As India’s automotive and industrial landscape evolves, so does the technology and infrastructure working behind the scenes to keep it moving. Discovery’s upcoming special The Power Behind Progress takes viewers inside IndianOil’s Integrated Lube Complex at Manali Industrial Area in Chennai (TN), the world’s largest lubricant blending plant, offering a glimpse into the scale of India’s manufacturing capabilities today and the journey that brought them here. At the centre of this story is SERVO, a homegrown brand whose evolution has closely mirrored India’s own journey of industrial growth and self-reliance.

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