India Reignites Iranian Crude Imports Amid U.S. Sanctions Waiver

India Reignites Iranian Crude Imports Amid U.S. Sanctions Waiver

India Reignites Iranian Crude Imports Amid U.S. Sanctions Waiver India is set to receive its first cargo of Iranian crude oil since 2019, as the ship Ping Shun heads to Gujarat, signaling a potential revival in Indo-Iranian oil trade. Ship tracking data indicates this significant move following a newly granted 30-day U.S. sanctions waiver on Iranian oil 'on water' due to regional conflicts.The Ping Shun, carrying 600,000 barrels of crude, marks …