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Indian state refiners ready for Iran oil if US extends waivers
Indian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through August, limiting immediate buying options. Refiners may still buy Iranian oil if discounts are significant and competitive. Russia's oil is currently selling at steeper discounts, making Iranian oil less appealing. India's oil imports from Russia have surged to record levels recently.
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economictimes.indiatimes.com
Indian state refiners ready for Iran oil if US extends waivers
Indian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through August, limiting immediate buying options.…
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oilprice.com
India Could Return To Iranian Crude If U.S. Extends Sanctions Waiver | OilPrice.com
Indian state refiners may resume buying Iranian crude if Washington extends its sanctions waiver past August 21, Bloomberg reports.
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thehindubusinessline.com
End of Iran sanctions reprieve unlikely to impact India’s crude oil imports
The rollback of the 60-day sanctions reprieve for Iran is unlikely to impact India’s crude oil imports in August and September, with Russia, the US, West Africa and South America…