For India, the opening of Hormuz and the return of Iranian supply to international markets is a multi-layered gain.

US-Iran war: India, importing around 90% of its crude needs, is stocking up on oil even as hopes of the Strait of Hormuz reopening completely stay. India has diversified its crude…

The United States has temporarily eased sanctions on Iran's oil sector as part of a broader peace agreement between Washington and Tehran. The 60-day waiver allows exports of…

Eleven India-bound vessels have successfully navigated the Strait of Hormuz since the US-Iran agreement on June 17, according to MEA spokesperson Randhir Jaiswal. Ten…

India expressed cautious optimism regarding the US-Iran understanding and the reopening of the Strait of Hormuz, according to National Security Adviser Ajit Doval. He highlighted…

Following the US and Iran's agreement to de-escalate tensions in West Asia, eleven ships bound for India have successfully navigated the Strait of Hormuz. The Ministry of External…

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

A temporary US sanctions waiver has put Iranian oil back on the table, but will Indian refiners return as buyers?

Middlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions waiver. However, refiners have limited room…