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US Temporarily Lifts Sanctions on Iranian Oil at Sea for 30 Days; Asian Refiners Eye Purchases

The U.S. has temporarily waived some sanctions on Iranian oil for 30 days, specifically applying to oil already on ships, to alleviate global supply pressure and address soaring gas prices. This move is prompting refiners in India and other parts of Asia to consider resuming purchases of Iranian oil, with the 30-day sale aimed at taming global prices.

21 Mar, 01:47 — 21 Mar, 16:20
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The Story

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Source Diversity

Source Diversity

Excellent (100/100)
13 sources33/33
Spectrum spread5/5 buckets covered33/33
Far L1
Far Left (1)
The Independent
Left2
Left (2)
meta-mkhindu
Center5
Center (5)
citizen-tzdaily-mirror-lkJakarta Postnosexpress-tribune
Right4
Right (4)
azernewsTimes of Indiastraits-timesprotothema-en
Far R1
Far Right (1)
zerohedge
Geographic diversity12 regions34/34
India2Azerbaijan1US1Tanzania1UK1Singapore1Sri Lanka1Indonesia1North Macedonia1Netherlands1Pakistan1Greece1

Sources

Showing 10 of 13 sources
The IndependentMostly Factual141d ago

US lifts sanctions on Iranian oil at sea as prices soar

The U.S. Treasury Department has waived sanctions on Iranian oil at sea until April 19

By Andrew Feinberg

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hinduMostly Factual141d ago

Refiners in India, elsewhere in Asia look to buy Iranian oil after U.S. waives sanctions

Three Indian refining sources said they will buy Iranian oil and are awaiting government directions and clarity from Washington on details such as payment terms

Read full article →
Times of IndiaMostly Factual141d ago

Will India resume buying Iranian oil? Refiners eye crude return as US grants waiver

Indian refiners are considering resuming Iranian crude oil purchases following a temporary US sanctions waiver. This move aims to ease an energy crunch caused by Middle East supply disruptions, with millions of barrels of Iranian crude already in transit. Clarification on payment terms from Washington is awaited before finalising shipments.

By TOI BUSINESS DESK

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straits-timesMostly Factual141d ago

Refiners in India, elsewhere in Asia look to buy Iranian oil after US waives sanctions - The Straits Times

Refiners in India, elsewhere in Asia look to buy Iranian oil after US waives sanctions  The Straits Times

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Jakarta PostMostly Factual141d ago

US allows 30-day sale of Iran oil at sea in bid to tame prices - The Jakarta Post

US allows 30-day sale of Iran oil at sea in bid to tame prices  The Jakarta Post

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express-tribuneMostly Factual141d ago

Refiners in India, Asia look to buy Iranian oil after US waives sanctions

Three Indian refining sources say they will buy Iranian oil, awaiting govt directions and clarity from Washington

By Reuters

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zerohedgeLow140d ago

US Removes Sanctions On Iranian Oil Stranded At Sea To Boost Overall Supply

US Removes Sanctions On Iranian Oil Stranded At Sea To Boost Overall Supply On Thursday, Scott Bessent told Fox News that the US is considering unsanctioning Iranian oil, thereby making the 140 million barrels stuck on Iranian tankers, available to any buyer in the world and not just China, to ease the supply-chain bottlenecks that emerged after the Strait of Hormuz was blocked. In doing so, another formerly sanctioned US nemesis would be allowed free access to global markets, a...

By Tyler Durden

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protothema-enMixed141d ago

The U.S. lifts certain sanctions on Iranian oil for 30 days

The temporary lifting of sanctions applies only to Iranian oil already on ships, said U.S. Treasury Secretary Scott Bessent The post The U.S. lifts certain sanctions on Iranian oil for 30 days appeared first on ProtoThema English.

By admin

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azernewsLow140d ago

Refiners in India, Asia look to buy Iranian oil after US waives sanctions - AzerNews

Refiners in India, Asia look to buy Iranian oil after US waives sanctions  AzerNews

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citizen-tzMixed141d ago

US waives Iran oil sanctions to ease global supply pressure - thecitizen.co.tz

US waives Iran oil sanctions to ease global supply pressure  thecitizen.co.tz

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Coverage Timeline

First report: protothema-en · 21 Mar, 01:47Full coverage: 13 · 15hWindow: 15h
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