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

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

Ample contracted crude supplies and minimal expected price discounts for Iranian crude have Indian buyers skeptical that the US' waiver will unleash a flood of buying.

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.