Indian Refiners Seek Oil as US Sanctions Waivers End

Indian refiners are securing oil cargoes to meet demand as US sanctions waivers end. Officials work to maintain supply as exemptions for Russia and Iran expire.

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India is taking decisive steps to secure its energy supply as domestic refiners move to lock in oil cargoes to satisfy local demand. This strategic push follows a decision by the United States to end sanctions waivers that had previously facilitated the purchase of crude from key global suppliers.

An employee at an oil terminal on the outskirts of Kolkata inspects a tanker wagon to verify freight levels.
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