Brief by Shorts91 Newsdesk / 11:32am on 14 Apr 2026,Tuesday India Global
India has resumed imports of Iranian crude for the first time in seven years, following a temporary waiver from the United States. Two tankers carrying oil from Iran have reached Indian ports, including the Iran-flagged Felicity at Sikka and the Curacao-flagged Jaya at Odisha. The shipments mark the first such delivery since May 2019, when US sanctions halted trade. The waiver, set to expire on April 19, has enabled refiners like Indian Oil Corporation and Reliance Industries to procure Iranian oil. The move reflects shifting energy dynamics amid global supply disruptions and geopolitical tensions in the Strait of Hormuz.
