Iran targets China and India for crude exports under a 60-day US sanctions waiver, sending oil prices down 2.7% with ripple effects across crypto and risk

Iran slashes crude oil prices for Chinese refiners as shipments surge after the US-Iran peace deal, with ripple effects hitting global oil and crypto

Washington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21. This move, part of an interim deal to…

The United States on Monday granted Iran a 60-day sanctions waiver following the first round of discussions under a newly emerging peace arrangement. US Vice President JD Vance…

Asian refiners are hesitant to buy Iranian oil, leaving China as the primary buyer amid U.S. sanctions relief.

Exports recovering from wartime collapse, but China remains only major customer

Indian refiners face limited opportunities to purchase Iranian crude due to payment issues and temporary sanction relief challenges.