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

Iranian crude US waivers Indian refiners

L'essentiel

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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SujetsUS waivers Indian refiners oil imports Russia oil Middle East war Strait of Hormuz

This article was originally published by Economic Times.

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