India is set to receive its first shipment of crude from Iran in seven years after the United States temporarily eased sanctions to address supply shortages.
Ship-tracking data shows a cargo purchased by Indian Oil Corporation is en route to India’s east coast aboard the tanker Jaya, with arrival expected later this week.
Another vessel, Jordan, is also signalling India as its destination. India, the world’s third-largest oil importer, has not received Iranian crude since 2019, when US pressure forced a halt in purchases.
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