pakistan
Iranian oil offered to India’s refiners after US waiver
Key takeaways
- On Monday, the United States waived sanctions on Iran for 60 days after the first talks under a nascent peace deal, opening a narrow window for renewed energy trade.
- The approaches to Indian refiners have come directly from National Iranian Oil Co (NIOC) and through intermediaries saying they have been allocated oil by the Iranian state producer, the sources said.
- “Apart from NIOC, several traders are contacting us for the sale of Iranian oil.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize NEW DELHI: Several middlemen have offered Indian refiners discounted Iranian oil as Tehran looks to expedite sales after Washington’s temporary sanctions waiver, Indian refining sources said.
On Monday, the United States waived sanctions on Iran for 60 days after the first talks under a nascent peace deal, opening a narrow window for renewed energy trade.
The approaches to Indian refiners have come directly from National Iranian Oil Co (NIOC) and through intermediaries saying they have been allocated oil by the Iranian state producer, the sources said.
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