Major Asian Refiners Eye Iranian Oil After Sanctions Lifted
The Hindu
Refiners in India and Asia are set to resume Iranian oil purchases after U.S. lifts sanctions to ease the energy crisis. What does this mean for global markets?
Refiners in Asia poised to buy Iranian oil after U.S. waiver.
U.S. grants 30-day waiver for Iranian oil transactions.
170 million barrels of Iranian crude currently at sea.
Asia relies on Middle East for 60% of its crude supply.