
Indian state-held refiners are considering buying Iranian crude oil if the United States extends the waiver on Iran’s oil sales beyond August or further eases restrictions on that trade. As part of the 14-point memorandum of understanding with Iran, the Unite…
The US has waived sanctions on Iranian oil sales for 60 days, potentially boosting global oil supplies and lowering prices amidst increased demand. Indian refiners are expected to cautiously resume imports, considering trade feasibility and payment mechanisms.

Iran has contacted Indian refiners to sell its oil after the US temporarily lifted sanctions on Tehran. Meanwhile, an Indian startup founder is going to head Meta's WhatsApp. Follow DW for more.

India says talks on the port of Chabahar continue with the US and Iran after a sanctions waiver ended, as the Middle East conflict complicates the facility’s development