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Will India resume buying Iranian oil? Refiners eye crude return as US grants waiver

Indian refiners are considering resuming Iranian crude oil purchases following a temporary US sanctions waiver. This move aims to ease an energy crunch caused by Middle East supply disruptions, with millions of barrels of Iranian crude already in transit. Clarification on payment terms from Washington is awaited before finalising shipments.
Will India resume buying Iranian oil? Refiners eye crude return as US grants waiver
TI

Times of India

3d ago
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