Tehran : If oil diplomacy had a sense of irony, Iran’s Foreign Minister Abbas Araghchi believes the latest twist would qualify. Araghchi criticised the US in an X post, claiming Washington had spent months pressuring India to stop importing Russian oil but is now encouraging countries to purchase it as the conflict with Iran strains global energy markets.
The US spent months on bullying India into ending oil imports from Russia, Araghchi wrote on X. After two weeks of war with Iran, the White House is now begging the world — including India — to buy Russian crude. Araghchi also accused European governments of backing what he called an “illegal war” against Iran in hopes of securing American support against Russia. The Iranian Foreign Minister posted the remarks alongside a Financial Times headline reporting that rising oil prices were delivering Russia a major revenue boost.
His remarks come as the Trump administration on Thursday announced a 30-day waiver allowing countries to purchase sanctioned Russian oil cargoes currently stranded at sea, a move aimed at stabilising global energy markets after crude prices surged past USD 100 per barrel amid the war in the Middle East. The temporary licence permits the delivery and sale of Russian crude oil and petroleum products that were already loaded onto vessels as of March 12. The authorisation will remain in effect until midnight Washington time on April 11.
US Treasury Secretary Scott Bessent said the measure was “narrowly tailored” and temporary, stressing that it was designed to stabilize markets and would not provide significant financial benefit to Moscow. Despite the conflict, Iran has allowed two India-flagged liquefied petroleum gas (LPG) carriers to pass through the Strait of Hormuz, Reuters reported, citing four sources with direct knowledge of the matter.
Iran’s ambassador to India, Mohammad Fathali, said Tehran would ensure safe passage for vessels bound for India through the strategic waterway. Yes, because India and Iran are friends,” Fathali said when asked whether Indian ships would be allowed safe transit. We have common interests; we have a common fate,” he added.
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