a sidebar

Saturday, 21 March 2026

JUST IN: 🇮🇳🇮🇷 Indian refiners to resume buying Iranian oil after US temporarily lifts sanctions.


Yes, it's true per Reuters and multiple reports (India Today, Economic Times, etc.) from March 21. The US issued a 30-day waiver on sanctions for ~140-170M barrels of Iranian oil already at sea to ease the energy crunch from the US-Israeli conflict. Indian refiners plan to buy but await govt directions and payment details.

No comments: