• Supply disruptions from the U.S.-Israel war have ?hit the South Asian nation hard.
  • Last month, the U.S. temporarily removed sanctions on Iranian oil ?and ?refined products to ease supply shortages.

The world’s third-biggest oil importer and consumer, India has not ?received a cargo from Tehran since May ?2019, following U.S. pressure not to buy Iranian ?crude, but supply disruptions from the U.S.-Israel war have ?hit the South Asian nation hard.

“Amid Middle East ?supply disruptions, Indian refiners have secured their crude oil requirements, including from Iran; and there is no payment hurdle for ?Iranian crude imports,” the oil ministry said on ?X.

https://www.cnbc.com/2026/04/04/india-makes-first-iranian-oil-purchase-in-seven-years.html

 

An unanticipated & interesting turn of events………