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India Resumes Iranian Oil Imports After 7-Year Hiatus
Full Story
India resumed Iranian oil imports in April 2026 for the first time since May 2019, following a temporary easing of US sanctions.
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What Happened
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Imports restarted due to Middle East conflict disrupting energy supplies.
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US issued a temporary 30-day waiver on Iranian oil purchases.
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India's Ministry of Petroleum confirmed no payment hurdles for Iranian crude.
Why It Matters
Resumption of imports provides India with greater flexibility in sourcing crude oil and securing its energy needs amidst global supply disruptions.
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