India's Refiners Eye Iranian Crude Amid Potential US Waiver Extension

Iranian crude US waivers Indian refiners

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Indian refiners are exploring purchases of Iranian crude if US waivers are extended beyond August.
Despite fully contracted August shipments, they may buy if discounts are significant, though Russian oil currently offers steeper discounts.
India's imports from Russia have recently hit record levels.

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Indian refiners are exploring purchases of Iranian crude if US waivers are extended beyond August. Despite fully contracted August shipments, they may buy if discounts are significant, though Russian oil currently offers steeper discounts. India's imports from Russia have recently hit record levels.

Read the full article on Economic Times

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