Tanker with Iranian crude heading towards India’s east coast, shipping data shows; could mark first import of Tehran’s oil in 7 years
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Tanker with Iranian crude heading towards India’s east coast, shipping data shows; could mark first import of Tehran’s oil in 7 years

Indian Express·2h ago·Neutral

What Happened

An Iranian oil tanker, Jaya, is sailing toward India's east coast for discharge at Indian Oil Corporation, marking potentially the first Iranian crude import since May 2019. The vessel crossed the Strait of Malacca into the Bay of Bengal. Another tanker, Ping Shun, diverted to China last week. India's Petroleum Ministry confirmed no payment hurdles exist for Iranian crude imports following US sanctions waiver announced March 21.

Key Entities

Indian Oil CorporationJaya (tanker)IranIndiaPetroleum MinistryUS sanctions waiverPing Shun (tanker)Paradip portStrait of Malacca

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